In Summary

  • The 1,443-kilometre East African Crude Oil Pipeline worth 3.55 billion US dollars will be able to transport 200,000 litres of oil per day once the project starts its operation.

  • Uganda’s current oil reserves stand at 6.5 billion barrels with 1.7 billion recoverable from the ground.

ARUSHA, Sunday

Tanzanian President John Magufuli and his Ugandan counterpart Yoweri Museveni on Sunday laid the foundation stone for the construction of a crude oil pipeline from Hoima in Uganda to Tanzania’s Indian Ocean seaport of Tanga.

The 1,443-kilometre East African Crude Oil Pipeline (EACOP) worth 3.55 billion US dollars will be able to transport 200,000 litres of oil per day once the project starts its operation.

It will be the world’s longest electrically heated crude oil pipeline.

Authorities said construction of the EACOP is expected to commence early 2018, and is projected to take 36 months with the prospect of creating between 6,000 and 10,000 jobs. 

Uganda’s current oil reserves stand at 6.5 billion barrels with 1.7 billion recoverable from the ground.

HISTORICAL EVENT

The event was witnessed by high-ranking officials, ministers, senior government officials from different institutions which are involved in the project.

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