The Eacop pipeline would allow Uganda to access an export terminal in Tanzania
Uganda secures more pipeline funding
Plans for route linking to an export point in Tanzania continue to advance
The Saudi Arabia-headquartered Islamic Development Bank (IsDB) has pledged $100mn in funding towards the East Africa Crude Pipeline (Eacop) project. The scheme will allow Uganda to export its crude oil through neighbouring Tanzania and is a requirement for the TotalEnergies-led Lake Albert oil development. Eacop is being developed as a public-private partnership, combining funding from various private and public sources “to attract private sector investment and expertise”, says the IsDB. “The project will enable Uganda, a landlocked country, to emerge as a regional oil producer with export capacity to international markets”, the IsDB continues. The planned pipeline terminates in an export fa
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
