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Tanzania Approves $3.5bn Oil Pipeline

Posted on : Friday , 24th February 2023

Tanzania’s government gave its approval on Tuesday for the construction of a $3.5 billion crude oil pipeline despite human rights and environmental concerns about the mega-project.

 

The 1,443-kilometre (900-mile) pipeline will transport crude from vast oilfields being developed in Lake Albert in north-western Uganda to a Tanzanian port on the Indian Ocean for delivery to international markets.

 

Uganda’s 1st oil is expected to flow in 2025 almost 2 decades after reserves were discovered in one of the world’s most biodiverse regions.h countries, and last month Uganda issued a licence to the project operator, the East African Crude Oil Pipeline (EACOP).

 

“This construction approval marks another step forward to EACOP as it allows commencement of the main construction activities in Tanzania, upon completion of the ongoing land access process,” EACOP Tanzania general manager Wendy Brown said at a function to receive the approval certificate.

 

The $10 billion oilfields and pipeline project is being jointly developed by France’s TotalEnergies, the China National Offshore Oil Corporation (CNOOC), along with the state oil companies of Uganda and Tanzania.

 

Source : www.abafnz.com

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