Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #261
Kazi ya jirani hii!
DRC and South Sudan to link on Uganda, Tanzania pipeline
DRC and South Sudan to link on Uganda, Tanzania pipeline
- Thread starter Geza Ulole
- Start date
eliakeem
JF-Expert Member
- May 29, 2009
- 17,214
- 15,853
Kumbe unaweza kuchagua rafiki, lkn siyo jirani.
eliakeem
JF-Expert Member
- May 29, 2009
- 17,214
- 15,853
Kuna siku nilikuambia hapa hapa kuwa kuna wapuuzi fulani watalisema watafanya kila namna ili bomba liende kwao. Nadhani ndiyo kazi yake hii sasa.
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #264
ila ataumbuka na akumbuke atataka kujenga bomba lake kuelekea Lamu pia!
eliakeem
JF-Expert Member
- May 29, 2009
- 17,214
- 15,853
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #266
Monkey business ya kutaka kushangilia mwenye shamba la mahindi kufariki!
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #267
France’s Macron Writes to Museveni on Oil Pipeline, Inauguration
French President Emmanuel Macron has sent a message of support to President Museveni ahead of his swearing-in ceremony next month, pledging to work with him to strengthen the political and economic relationship between the two countries. “I sincerely hope that your new term of office will be an...
chimpreports.com
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #268
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #269
MY TAKE
Where r the naysayers from Kunyaland Republic?
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #270
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #271
Museveni arrives in Dar to witness signing of oil pipeline deal
THURSDAY MAY 20 2021
Ugandan President Yoweri Museveni. PHOTO | FILE | NMG
By EMMANUEL ONYANGO
More by this Author
Uganda’s President Yoweri Museveni arrived in Tanzania’s capital Dar es Salaam Thursday morning for a one-day official visit to witness the long awaited signing of an agreement between the government of Tanzania and investors of the East African Crude Oil Pipeline (EACOP).
President Museveni was received at the Julius Nyerere International Airport (JNIA) by President Samia Suluhu Hassan as the two countries look forward to finalise the crude oil pipeline deal.
This is the second signing after the April 11 signing in Uganda’s capital Kampala, and it will be the last signing agreement popularly known as the Host Government Agreement (HGA).
The two countries signed the Host Government Agreement, Share Holder Agreement (for the pipeline company) and Tariff agreements.
The Thursday signing will be done between the Tanzania government and Total Limited and its partner, the Chinese state-owned company CNOOC. This will see the investors get equal dividends according to an earlier agreement.
According to Tanzanian officials, this will be the last HGA agreement that will allow the project to commence immediately from Hoima, Uganda to Chongoleani peninsular in Tanga port covering a stretch of 1,445 kilometres.
President Museveni becomes the first head of state visiting Tanzania since President Samia was sworn in on March 19, 2021.
Museveni arrives in Dar to witness signing of oil pipeline deal
Tanzania will sign the Host Government Agreement.
www.theeastafrican.co.ke
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #272
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #273
Tanzania and Uganda have signed a fifth and final government agreement that will greenlight the construction of a $3.5-billion pipeline that will carry crude pumped in western Uganda to the coast of Tanzania and international markets.
The agreement follows another one, signedwith partners French Total and Chinese CNOOC last month.
The East-African Crude Oil Pipeline (EACOP) project will be a 1,443 kilometer-long (897 miles) pipeline expected to transport oil from Uganda to the Tanga port in Tanzania. Total’s subsidiary, Total East Africa Midstream is the developer of the project.
Uganda’s oil fields could give Total and CNOOC access to more than a billion barrels of crude and will cost some $5.1 billion to develop. The oil, however, is viscous, so the pipeline will need to be heated in order to keep it liquid enough to flow. This will make the EACOP the world’s largest heated oil pipeline.
According to Uganda’s president, Yoweri Museveni, the reserves in the Lake Albert fields that Total and CNOOC are operating, currently estimated at 6.5 billion barrels of oil, could be a lot greater, Tanzania Daily News noted in a recent report.
Yet the pipeline could become crucial for more countries with as of yet untapped oil reserves, according to the Ugandan president, with Burundi, the Democratic Republic of Congo among them, along with South Sudan, which is already an oil producer.
Construction works on the pipeline should begin quickly and last about 36 months, according to Tanzanian officials, despite strong opposition from environmentalist groups.
In March, a group of 260 organizations wrote an open letter to 25 banks calling on them to not take part in the $2.5-billion loan financing for the EACOP project, which, according to them, was “manifestly irresponsible”. The signatories to the letter also noted the threats that the infrastructure would pose to local communities, water supplies, and biodiversity. Further, they said that the project would “either prove financially unviable or produce unacceptable climate harm.”
By Irina Slav for Oilprice.com
oilprice.com
The agreement follows another one, signedwith partners French Total and Chinese CNOOC last month.
The East-African Crude Oil Pipeline (EACOP) project will be a 1,443 kilometer-long (897 miles) pipeline expected to transport oil from Uganda to the Tanga port in Tanzania. Total’s subsidiary, Total East Africa Midstream is the developer of the project.
Uganda’s oil fields could give Total and CNOOC access to more than a billion barrels of crude and will cost some $5.1 billion to develop. The oil, however, is viscous, so the pipeline will need to be heated in order to keep it liquid enough to flow. This will make the EACOP the world’s largest heated oil pipeline.
According to Uganda’s president, Yoweri Museveni, the reserves in the Lake Albert fields that Total and CNOOC are operating, currently estimated at 6.5 billion barrels of oil, could be a lot greater, Tanzania Daily News noted in a recent report.
Yet the pipeline could become crucial for more countries with as of yet untapped oil reserves, according to the Ugandan president, with Burundi, the Democratic Republic of Congo among them, along with South Sudan, which is already an oil producer.
Construction works on the pipeline should begin quickly and last about 36 months, according to Tanzanian officials, despite strong opposition from environmentalist groups.
In March, a group of 260 organizations wrote an open letter to 25 banks calling on them to not take part in the $2.5-billion loan financing for the EACOP project, which, according to them, was “manifestly irresponsible”. The signatories to the letter also noted the threats that the infrastructure would pose to local communities, water supplies, and biodiversity. Further, they said that the project would “either prove financially unviable or produce unacceptable climate harm.”
By Irina Slav for Oilprice.com
Tanzania, Uganda Finalize Oil Pipeline Deal | OilPrice.com
Tanzania and Uganda have signed a fifth and final government agreement that will greenlight the construction of a $3.5-billion pipeline that will carry crude pumped in western Uganda to the coast of Tanzania and international markets
oilprice.com
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #274
Uganda, DRC start road network to boost trade, security
Published date: 16 June 2021Uganda and the Democratic Republic of Congo (DRC) today launched the construction of a 223km road network designed to boost bilateral trade and improve security for oil companies operating in the Lake Albert basin.
The road network will run from Uganda's border deep into the DRC's eastern region, where a number of rebel groups operate. These include Uganda's Allied Democratic Forces (ADF), a militant organisation that the US State Department has linked with Islamist group Isis. According to the UN, ADF rebels have been responsible for hundreds of killings in the DRC since January, as well as attacks on schools and hospitals in the eastern provinces of Ituri and North Kivu, which border Uganda's Lake Albert basin.
The jointly-funded road network will not only help to improve interconnectivity between the two countries but it will also aid their armies in preventing rebels from disrupting oil activities in the Lake Albert region, according to Ugandan minister of works and transport Katumba Wamala. "Uganda will contribute $65.9mn out of the total bill of $334.3mn in this project, which is very strategic for security, economic and political importance," Wamala told Argus.
Uganda has already set up a base in the town of Beni in North Kivu, with 1,500 troops ready to protect the road workers and fight insurgents. It plans to add 500 more soldiers by September, Wamala said. Attempts to bolster security in the region are crucially important for TotalEnergies and China's state-owned CNOOC, which are preparing to develop a 230,000 b/d project that will link Ugandan oil fields in the Lake Albert basin by pipeline to the Tanzanian port of Tanga.
The project has made progress in recent days, with TotalEnergies confirming the provisional award of several key contracts for the development of the 190,000 b/d Tilenga complex, including for the construction of a central processing facility. Tilenga, together with the nearby 40,000 b/d Kingfisher development, make up the upstream part of the Lake Albert project, in which TotalEnergies holds 56.67pc, China's CNOOC 28.33pc and Ugandan state-owned UNOC 15pc.
TotalEnergies is keenly aware of the security risks facing oil and gas projects in east Africa, having declared force majeure on its 13.1mn t/yr LNG project in Mozambique earlier this year following insurgent attacks. The surge in violence in eastern DRC has prompted the government to suspend the civilian administrations of North Kivu and Ituri, and enforce martial law.
By Mercy Matsiko
Uganda, DRC start road network to boost trade, security | Latest Market News
Uganda and the Democratic Republic of Congo (DRC) today launched the construction of a 223km road network designed to boost bilateral trade and improve security for oil companies operating in the Lake Albert basin.
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #275
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #276
Congo Digs In Over Renewal of Billionaire Gertler’s Oil Permits
ByMichael Kavanagh
20 June 2021, 18:05 GMT+2Updated on 20 June 2021, 19:15 GMT+2
- Two permits along Lake Albert were originally granted in 2010
- Congo has offered the permits to other oil companies
Dan Gertler at the Israel Diamond Exchange in 2021.Photographer: Simon Dawson
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
Democratic Republic of Congo and Dan Gertler are headed for a fight over the Israeli billionaire’s two oil blocks bordering Uganda.
Congo’s oil ministry sent a letter to Gertler’s Oil of DRCongo when the permits expired on June 16 asking for all data and payments related to the project’s 2010 production-sharing agreement.
Gertler’s company still controls the permits because they are under force majeure, a spokesman said by email. “As a result, there is no change to the status of the licenses and Oil of DRCongo has written to the Ministry of Hydrocarbons to confirm this,” he said.
Development of the two blocks on Lake Albert has been complicated by U.S. sanctions against Gertler for alleged corruption in his mining and oil deals in Congo. Gertler denies all wrongdoing and has never been charged.
Congo has discussed transferring the permits to several other oil companies, including Tullow Oil Plc, Total SE and Eni SpA. Total already controls the oil fields on the Ugandan side of the Lake. The French company signed a $5.1 billion deal with Uganda in April to develop a pipeline to ship the oil to a port in Tanzania.
A spokesman for Congo’s President Felix Tshisekedi declined to comment.
(Adds comments from Gertler’s Oil of DRCongo throughout)
Bloomberg - Are you a robot?
www.bloomberg.com
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #277
URL unfurl="true" media="youtube:QUubsFHkLGE"]
View: https://youtu.be/QUubsFHkLGE?si=1h6SdIRf4JUWWaZ6[/URL]
africa.cgtn.com
BTW wale wapumbavu wa pipeline Lokichar-Lamy na refinery Lamu as part of LAPSSET waliishia wapi?
www.globalconstructionreview.com
View: https://youtu.be/QUubsFHkLGE?si=1h6SdIRf4JUWWaZ6[/URL]
Fairfax Africa Fund, Asia partner to build $4 billion refinery in Ethiopia - CGTN Africa
A US based investment firm is collaborating with partners from Asian countries to build an oil refinery in Ethiopia. The project, worth $4 billion, is expected to serve the country and the rest of east African market. Located in the Ethiopian eastern town of Awash; some 220 kilometres from the...
africa.cgtn.com
BTW wale wapumbavu wa pipeline Lokichar-Lamy na refinery Lamu as part of LAPSSET waliishia wapi?
Chinese company agrees to invest in South Sudan oil refinery - Global Construction Review
Chinese firm Shengli Oilfield Keer Engineering (Sokec) has signed a memorandum of understanding with South Sudan’s state-owned Nile Petroleum Corporation (Nilepet) to finance and build an oil refinery and storage facility.
www.globalconstructionreview.com
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #278
Saudi Arabia expands footprint in Djibouti with major investment projects
By our staff reporter
July 1, 2024
Large-scale investment initiatives in the tiny country in the Horn of Africa are increasing Saudi Arabia’s footprint there.
The Saudi Ajyal Petroleum and Energy Company laid a cornerstone for the $12.7 billion refinery project in Djibouti Damerjog International Park (DDIP), south of the country’s capital, earlier this week with the presence of Abdoulkader Kamil Mohamed, the Prime Minister of Djibouti.
An agreement to create Saudi Logistics City in the Djibouti port free zone was reached earlier this month by a group of Saudi businessmen.
In Djibouti, a new refinery project of 300 hectares will be established at the Damarjog logistics region. It has a capacity of 300,000 barrels per day.
Aldossary Group, a Saudi business with investments in a number of industries, is the parent firm of Ajyal Petroleum and Energy firm.
The project’s principal consultant is Anaplasi Consulting Engineers SA, which is situated in Athens, Greece.
Refinery plants, according to Djibouti Port and Free Zones Authority, would greatly strengthen the local economy by promoting skill development and creating jobs in the nation.
It is projected that the refinery project would generate about 10,000 direct employment.
After the Assab refinery, which began operations in 1967 under the reign of Emperor Hailesilassie and has been suspended since 1997 by the newly independent Eritrean government, the refinery will be the second in the region.
DDIP is set to play a pivotal role in our economic growth and industrial expansion at both the regional and continental levels through the African Continental Free Trade Area.
In the coming years, the DDIP for heavy industry is projected to expand significantly in the sectors of energy, steel, cement, livestock, and LNG.
Using Djibouti port’s strategic location as an entry point into Africa and a major hub for trade and business dealings on the continent as well as internationally, the Saudi Logistics City seeks to act as a hub for importing Saudi goods and exporting them to the African continent.
The logistics free zone would occupy 120,000 square meters in its initial phase.
The logistics city’s operations are covered under the 92-year lease. This city will provide a platform for Saudi enterprises, an ongoing exposition, and a commercial exchange area complete with warehouses and other amenities.
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #279
Congo in discussions with Uganda over use of crude pipeline
By ReutersMay 10, 20232:49 PM GMT+2Updated 2 years ago
A model of 3D printed oil barrels is seen in front of displayed stock graph going down in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration/Files Purchase Licensing Rights, open
KAMPALA, May 10 (Reuters) - The
Democratic Republic of Congo is in discussions with neighbouring Uganda for possible use of the east African country's planned crude oil pipeline to export petroleum, Congo's hydrocarbons ministry said.
Uganda is developing the $3.5 billion 1,445-kilometer East African Crude Oil Pipeline (EACOP) that will start from oil fields in its Albertine rift basin on its western border with Congo to Tanzania's Indian Ocean seaport of Tanga.
The pipeline is for transporting Uganda's crude to international markets when the country starts production in 2025.
Congo's Ministry of Hydrocarbons said in a Twitter statement late on Tuesday that its minister Didier Budimbu met Uganda's energy minister Ruth Nankabirwa Ssentamu, with discussions involving access to the pipeline.
"Uganda acknowledged the crucial requirement of DRC to access the East African Crude Oil Pipeline (EACOP) for the transport of crude oil to be produced from the oil exploration blocks located in the Albertine Graben in the Democratic Republic of Congo," the statement read.
Congo and Uganda share the oil-rich basin of Albertine Graben.
Technical teams from both sides would discuss and prepare reports to be presented to the two ministers who would then brief the countries' presidents on signing a Memorandum of Understanding, according to the statement.
A spokesperson for Uganda's energy minister confirmed the talks and said the EACOP had been designed for potential use by Uganda's neighbours including Congo and South Sudan.
Last year Congo put up for auction 30 oil and gas blocks, although environmentalists say development of some of the blocks would open up ecologically sensitive areas and release vast amounts of carbon into the atmosphere.
The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
Reporting by Elias Biryabarema and Sonia Rolley; Editing by Bhargav Acharya and Chizu Nomiyama
Loading…
www.reuters.com
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #280