Uganda has issued a license for the construction of a pipeline across the country and Tanzania to transport hydrocarbons from East Africa to international markets, a project that has raised the ire of environmentalists.
“The approval (of the license) is another sign to demonstrate the common commitment of the two countries to develop the EACOP project in a harmonized manner,” Ugandan Information Minister Godfrey Kabbyanga told media. The license was awarded to the East African Crude Oil Pipeline Company Ltd. (EACOP) consortium, 62% owned by the French giant TotalEnergies, following the green light given on Monday by the Ugandan government.
TotalEnergies announced in February a $10 billion investment agreement with Uganda, Tanzania, and the Chinese company CNOOC, including the construction of a 1,443-kilometer pipeline (EACOP) linking the Lake Albert oilfields in western Uganda to the Tanzanian coast on the Indian Ocean.
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