President Museveni heads to Tanzania to sign the Crude Oil Pipeline deal

President Yoweri Kaguta Museveni has headed to the United Republic of Tanzania where he will meet President Samia Suluhu Hassan and sign the East Africa Crude Oil Pipeline (EACOP) deal.

 

This has been revealed by Linda Nabusayi Wamboka the Presidential Press Secretary, who tweeted that “President Yoweri Kaguta Museveni is due in the Tanzania capital Dar es Salaam today ahead of the signing ceremony of the East Africa Crude Oil Pipeline (EACOP) Tripartite with counterpart President Samia Suhulu Hassan and CNOOC.”

 

In April, President Yoweri Museveni signed part the East African Crude Oil Pipeline project agreement with his Tanzanian counterpart Samia Hassan Suluhu.

 

"The EACOP Tripartite Project Agreement has been signed by all parties with commitment for realization of the Equal project; for the benefit of all people of Uganda and Tanzania in the spirit of East Africa," said Sam Kuteesa, Uganda's foreign minister.

 

The agreement, signed in the Ugandan capital Kampala, paves the way for the construction of a 1,440 km crude oil pipeline from Uganda's Albertine region to Tanzanian seaport of Tanga.

 

Extraction will take place at two oil fields: the Kingfisher field, which is operated by China National Offshore Oil Corporation Ltd, and the Tilenga field, operated by Total .

 

The $3.55 billion pipeline could be the longest electrically heated crude oil pipeline in the world. Once completed, more than 10,000 job opportunities will be created during execution, according to Suluhu.