Daily Monitor
Sunday April 11 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
Today’s signing of three agreements by the presidents of Uganda and Tanzania, and the head of oil giant Total, has renewed hope that commercial oil production could finally kick off in four years’ time.
Advertisement
The government and international oil firms French Total E&P, and China’s Cnooc have today signed off four key agreements for commercialisation of the proposed East African Crude Oil Pipeline (EACOP), bringing to end years of protracted negotiations and setting on course Uganda’s oil project for the next phases of development and production by earliest 2025.
Tanzania s new President expected in Uganda for signing of oil deals energymixreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energymixreport.com Daily Mail and Mail on Sunday newspapers.
President Samia expected in Uganda for signing of oil deals
10
President Samia expected in Uganda for signing of oil deals
THE long wait for Uganda s Final Investment Decision for oil and gas could come to an end this Sunday, following talks between government officials and industry leaders from Uganda and Tanzania.
Tanzania President Samia Hassan Suluhu is expected in Uganda for talks that should culminate into the signing of the deals on Sunday 11, according to a top official from the Ugandan Ministry of Foreign Affairs.
“President Samia will be on her journey in a few hours for talks, which will climax with the signing ceremony on Sunday,” the official said.
Anglo American to Spin Off South African Coal Mines2021-04-092021-04-09http://www.liquidafrica.com/wp-content/uploads/2015/12/LA-Logo.pngliquidafricahttp://www.liquidafrica.com/wp-content/uploads/2015/12/LA-Logo.png200px200px
Anglo American Plc will separate its South African coal mines into a new business this year, as the company accelerates its response to investor pressure over the most- polluting fuel.
Anglo has been plotting an exit from thermal coal for more than a year and has always said separating its South African business was the most likely outcome. Anglo will still own a coal mine in Colombia that it’s also planning to sell and coking coal mines in Australia, used to make steel rather than burned for power.
Tanzanian president Samia Suluhu expected in Uganda for signing of oil deals monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.