Oil pipeline compensation claims outnumber affected persons observer.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from observer.ug Daily Mail and Mail on Sunday newspapers.
Daily Monitor
Sunday April 25 2021
Summary
EACOP will initially pump and carry petroleum and gas from the Tilenga and Kingfisher projects located in Bunyoro, but Uganda’s richest oilfields are located in the Albertine Graben which is in Acholi and West Nile, along both sides of River Nile.
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On April 11, Uganda, Tanzania, Total and China National Offshore Oil Corporation (Cnooc) signed three agreements at State House Entebbe to develop Uganda’s oil and gas resources located in Bunyoro, Acholi and West Nile sub-regions.
The agreements which were subject of protracted negotiations for almost 15 years are the first concrete steps in efforts by the two EAC partner states to construct the 1443km East African Crude Oil Pipeline (EACOP) from Hoima to the Tanzanian port of Tanga. When completed, at a cost of $3.8 billion, it will be the longest heated pipeline in the world.
Daily Monitor
Tuesday April 20 2021
Summary
Suppliers online. All companies that will supply goods and services in the oil industry must register on the National Supplier Database through the Petroleum Authority of Uganda website.
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Oil and gas matters are back on the agenda after three crucial agreements were signed by Ugandan and Tanzanian authorities, as well as French oil giant Total, the majority shareholder in Uganda’s oil fields and China National Offshore Oil Corporation (CNOOC).
The agreements signed on Sunday April 11, 2021 at State House Entebbe by President Museveni, Tanzania’s President Samia Suluhu Hassan and the chief executive of Total, Mr Patrick Pouyanne, pave way for the eventual Final Investment Decision (FID), a point at which major financial commitments should be undertaken by the oil companies, in this case Total and CNOOC.
Poverty bites as locals in oil fields wait for pay-out
Monday April 19 2021
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As government continues to prospect and explore oil wells in parts of western, central and northern regions, scores of homesteads that have been displaced by the quest to have oil exports ready by 2025 have lost farmlands.
In Kakumiro District in western Uganda, more than 200 people affected by the East Africa Crude Oil Pipeline (EACOP) have cited delayed compensation of their properties in the wake of signing of the tripartite pipeline between oil companies and Uganda and Tanzania governments.
Daily Monitor has established that the affected persons are mainly from Mpasana, Kisiita, Katikara, and Ntoroko sub-counties in Kakumiro.
Daily Monitor
Monday April 12 2021
President Yoweri Kaguta Museveni gestures during a meeting with Tanzanian President Samia Hassan that preceded the signing of the the East African Crude Oil Pipeline (EACOP) Tripartite Project Agreement at State House Entebbe on April 11, 2021. PHOTO/PPU
Summary
The oil pipeline construction is expected to unlock inflow of $15b, which is more than Uganda’s national budget, providing a range of employment opportunities for Ugandans.
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The chief executive of French oil giant, Total SE, yesterday described as a “momentous occasion in history” the signing in Kampala of the three agreements for development of the proposed East African Crude Oil Pipeline (EACOP).