Uganda, Tanzania to Construct $3.35b Unitary Oil Pipeline

Uganda, Tanzania to Construct $3.35b Unitary Oil Pipeline

 

Uganda’s Energy Minister, Irene Muloni, announced the government’s plan to construct a unitary pipeline worth $3.35b to transport the country’s crude oil from Hoima to Tanzania’s Tanga Port, All Africa reported.

Muloni added that feasibility studies showed that the pipeline would stretch 1445km, 24 inches diameter with the capability to pass 216,000b/d of oil, Daily Monitor informed.

According to her, the government will sign a Memorandum of Understanding (MoU) with Tanzania with 85% of the paperwork done and will have the export pipeline passing through to Tanga Port by 2020.

The official made the remarks while addressing journalists after a closed door meeting with a team of Tanzanian ministers and commissioners in Entebbe, Uganda, late March.

Tanzania’s Minister of Energy and Minerals, Sospeter Muhongo, stated that he hoped the continuing series of meetings between the two governments will lead to a quick signing of the MoU and that he expects neighboring countries Congo and Burundi to also use the pipeline.

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password