[SEPTEMBER THEMATIC REPORT-ENERGY SECURITY] - EACOPby Baraka E Urio | 20-09-2023 01:11 |
|---|
|
East African Crude Oil Pipeline Project (EACOP) The East African Crude Oil Pipeline Project (EACOP) is one of the energy security project which is now in progress, this is a pipeline that will transport oil produced from Uganda¡¯s Lake Albert oilfields to the port of Tanga in Tanzania where the oil will then be sold onwards to world markets. The pipeline is buried and once topsoil and vegetation have been re-instated people and animals will be able to cross freely anywhere along its length. EACOP runs 1,443km from Kabaale, Hoima district in Uganda to the Chongoleani Peninsula near Tanga Port in Tanzania. 80% of the pipeline is in Tanzania. It is a buried thermally insulated 24¡È pipeline along with six pumping stations (two in Uganda and four in Tanzania) ending at Tanga with a Terminal and Jetty. Here crude oil will be loaded onto tankers. BENEFITS EACOP allows Uganda to unlock value from its own natural resources, and represents a significant inward investment of some $4 billion across both Uganda and Tanzania, thus value creation is also extended to Tanzania. In addition to transporting much-needed oil across the region and improving energy security by connecting hydrocarbon-rich basins in Uganda with both its regional and international destinations, the pipeline will be instrumental for job creation, local community empowerment and wider socioeconomic growth.
|
