M a r k e t N e w s

Tanzania Welcomes First Shipment of Pipes for the Cross-Border EACOP Project

Posted on : Friday , 9th February 2024

The East African Crude Oil Pipeline (EACOP) Project reached a major milestone on December 12, when the first batch of pipes for the cross-border pipeline landed in Dar es Salaam. The company and its shareholders, including SuperDoll, the local logistics partner, expressed their joy and excitement at the storage yard where the pipes were delivered.

 

The communities hosting the operations will benefit from preferential treatment in hiring and training. The project will create about 160,000 jobs at its peak, of which 14,000 will be in the oil and gas sector directly.

 

The pipeline will span 1,443 km from Uganda's Kabaale to Tanzania's Tanga port, with 296 km in Uganda and 1,147 km in Tanzania. The company is committed to the highest standards of social, environmental and safety performance. It will employ modern equipment and technology to ensure safe and efficient installation.

 

The EACOP project secured the final investment approval on February 1, 2022, with TotalEnergies as the majority shareholder at 62%, followed by UNOC, TPDC, and CNOOC International at 15%, 15%, and 8% respectively. The Minister of State for Energy, Sidronius Okaasai Opolot, affirmed in Kampala that the oil and gas sector was giving preference to Ugandans.

 

EACOP will use innovative technology and renewable energy to reduce emissions and transport the waxy crude oil. The pipeline will enable the development of Tilenga and Kingfisher oil projects, which will boost the production and export of oil in the region.

Source : East Africa Oil & Gas
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