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As chairman of the Uganda Chamber of Mines and Petroleum, what does the chamber focus on? At the Chamber, there are a few things we have tried to focus on. In the initial stage, we were more of a lobbying and advocacy group but since we had the final investment decision on oil and gas, we have realigned and focused on four arrears, namely: Local content and employment creation— there is a significant amount of investment coming into oil and gas in the coming 3-5 years about USD 20 billion. Our focus has been, how much of that can we…
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The Islamic Development Bank (IsDB) has approved US$295 million for Upgrading Ugandanl Roads under Sovereign Financing Projects and US$100 million for East Africa Crude Oil Pipeline (EACOP) Project under Public Private Partnership (PPP) Projects. The Sovereign Financing Project aims at boosting the socio-economic development of Uganda by providing better access to social infrastructure, facilitating access to markets for farmers and traders, and reinforcing regional integration and tourism. “The project (EACOP) will enable Uganda, a landlocked country, to emerge as a regional oil producer with export capacity to international markets. The objective of the project is to enable Uganda to exploit…
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By Dr. Joseph Kobusheshe Background In this second article of my series on environment and social aspects related to oil and gas developments in Uganda, I specifically address the concerns relating to Green House Gas (GHG) emissions from Uganda’s oil and gas projects. Using facts and published statistics, I point out the glaring gaps and double standards by sections of the international media and environmental activists protesting Uganda’s oil projects. I demonstrate why the mob injustice against Uganda’s oil projects, especially protests against the East African Crude Oil Pipeline (EACOP) Project do not hold water. Global GHG problem There…
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By Ali Ssekatawa The oil and gas sector in Uganda is at a critical stage. The commercial negotiations which will impact both the profitability and the sector’s contribution to inclusive development are in final stages. The infrastructure required to commercially produce the Country’s 6 billion barrels of oil and gas resources has been clearly defined. This includes the precise location for the various infrastructure. This infrastructure includes well pads and flowlines, crude oil pipelines, central processing facilities, a refinery, base camps and access roads, among others. These facilities are being set up for four key projects; the Tilenga and Kingfisher…
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Tullow Oil and French Oil giant Total have today announced, entering into an agreement, through which Total shall acquire Tullow’s entire interests in Blocks 1, 1A, 2 and 3A in Uganda’s Lake Albert development project as well as its interests in the proposed East African Crude Oil Pipeline (EACOP). The deal is effective 1st January 2020. Under the terms of the deal, Total will acquire all of Tullow’s existing 33.3334% stake in each of the Lake Albert project licenses EA1, EA1A, EA2, and EA3A and the proposed East African Crude Oil Pipeline (EACOP) System. The transaction is subject to the…
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Weeks after French oil and gas major, Total S.A announced suspension of the 1,445-kilometer and USD3.5 billion East Africa Crude Oil Pipeline (EACOP), CEO East Africa understands Total has also halted, among other tenders, the tendering process for a main logistics provider for the Tilenga Project. The ‘Tilenga Project’ refers to the development of six oil fields within Contract Area CA-1, License Area LA-2 (North) and Exploration Area EA-1A in the Albertine Graben, Western Uganda by Total Exploration & Production Uganda B.V., Tullow Uganda Operations Pty Ltd and China National Offshore Oil Company Uganda Limited (CNOOC) The project that forms…
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Total SA has suspended, according to Bloomberg, a US-based online news agency, all planned activities on the $3.5b crude export pipeline. The pipeline, which stretches from Hoima District in western Uganda to Tanzania, is said to have been suspended after the collapse of a deal in which Tullow Oil Plc had hoped to dispose at least 21.7 per cent of its stake in Uganda to joint venture partners Total E&P and CNOOC. Bloomberg reported Wednesday, without providing more details that Total E&P had terminated all activities related to the 1,445-kilometer pipeline. It is not yet clear what impact the suspension…
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