EACOP vs Lamu pipeline

[Geza Ulole]

 

[Geza Ulole]

 

[Geza Ulole]

Global experts to give insights on Uganda-Tanzania oil pipeline​

2 hours ago . 5 min Read

AEW 2022 will be a focus on exploration, licensing rounds, and remaining competition for investment in 2022 and beyond ...
Presidents Yoweri Museveni and Samia Suluhu Hassan last year signed a deal that paved the way for the pipeline's construction.

Chris Kiwawulo​

Journalist new vision​

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The Uganda-Tanzania oil pipeline will be at the centre of discussion as experts give their insights on the project during the forthcoming African Energy Week (AEW) in South Africa in October.

South Africa has once again been selected as the host of the highly anticipated AEW, scheduled to take place on October 18–21 this year in Cape Town.

AEW 2022 will bring Africa’s energy leaders and global stakeholders together for a week of intense dialogue on the African energy sector, a statement from the Africa Energy Chamber said on Tuesday.

This will be the second year in a row that South Africa will be hosting the international event that attracts leaders including energy ministers, technocrats and other sector shareholders.

Uganda is among the countries that annually participate in the annual AEW, and several energy ministry officials attended the event last year.

“With emerging frontier markets such as Somalia, Kenya, Namibia, Uganda and Côte d’Ivoire gaining increased attention from regional and international players, AEW 2022 will emphasize the potential and current opportunities across Africa’s emerging and mature upstream markets,” the statement from the Africa Energy Chamber said.

On the midstream front, AEW 2022 will offer critical insight into new and existing projects – such as the $6b African Renaissance Pipeline Project and the proposed 1,800km Tanzania-Uganda Natural Gas Pipeline Project – introducing lucrative opportunities to investors.

In pursuit of an electrified economy, AEW 2022 will introduce critical topics that cover the entire energy value chain. Regarding the upstream sector, there will be a focus on exploration, licensing rounds, and remaining competition for investment in 2022 and beyond.

Organisers committed
The conference and its organisers remain fully committed to the continent, its people, and its potential, with 5000+ attendees, 175+ international speakers and 21+ Ministers from all over Africa and the world coming to Cape Town.

During this year’s edition, delegates and speakers can expect a strong line-up of panel discussions, investor forums, networking functions, and deal signing ceremonies covering the entire African energy sector and value chain.

“Extending on narratives expressed at the 2021 edition of the conference, AEW 2022 remains wholly focused on making energy poverty history by 2030. With over 600 million people still without access to electricity, the continent requires immediate action if it is to realize its socioeconomic development objectives,” the statement noted.

With the scaling up of refinery construction underway across the continent, the conference is committed to increasing investment and enhancing production across key African markets.

By discussing the challenges and opportunities present across the downstream sector, African stakeholders will collaboratively discuss the future of the African energy industry.

“In 2021, they said it could not be done in Cape Town and we all must go to Dubai. With massive support from the City of Cape Town, the government of South Africa IOC’s and NOC’s and alternative energy companies, we demonstrated that Africa is ready and capable to hold a continent-wide energy event in Africa and we held the largest event on the continent.

“Even in the midst of the pandemic, AEW took place, ushering in a new era of safe, accessible, and industry-focused events. This year will be huge for the African energy industry. We expect a range of investments to be made and developments to take off that will drive the continent’s economic advancement,” stated NJ Ayuk, Executive Chairman of the Africa Energy Chamber.

Ayuk further noted that; “During this year’s edition of AEW, an emphasis will be placed on finance, natural gas, electrification, hydrogen, upstream and a just transition as we believe these sectors have a specific role to play in Africa. By developing our gas resources, Africa can meet the growing demand for energy while reducing emissions. From AEW 2022, we will be going to COP27 to meet with global leaders and discuss African energy – from Cape to Cairo.”

New era of industrial growth
Meanwhile, with energy representing a catalyst for sustainable economic progress, AEW 2022 aims at driving the continent into a new era of enhanced industry growth by providing the best platform for deals to be signed and relationships formed that will improve investment and development.

As the continent continues to deal with reduced funding for hydrocarbon projects, AEW 2022 will offer new insights into how Africa’s oil and gas projects can raise capital in a post-COVID-19, energy transition context.

Accordingly, panel discussions and investor forums will place a focus on finance, enabling environments, and the role that African Energy Banks will play in financing the future of the industry. By introducing African stakeholders to innovative capital raising, AEW 2022 is committed to the growth of African oil and gas.

Regarding gas, Africa is not only rich with resources but opportunities. Markets such as Nigeria, Mozambique, Mauritania, Senegal, Tanzania, Equatorial Guinea, the Republic of the Congo, and Ghana have significant untapped resources.

Already, there has been an influx in investment and development within the gas sector, and yet a range of opportunities remain, particularly within the gas-to-power and Liquefied Natural Gas space.

“AEW 2022, therefore, has placed a strong emphasis on the role that gas will play in electrifying Africa, driving socio-economic growth and industrialization for years to come. By introducing project profiles, highlighting key discoveries, and emphasizing how gas will drive a just transition in Africa, AEW 2022 has placed gas at the centre of its program agenda,” the statement said.

According to the Africa Energy Chamber, the recent move by the European Union to label certain gas projects as green is likely to usher in a new wave of investment in Africa and AEW 2022 will be the place where deals in this area will be made.

“Africa is in the midst of an energy transition whereby significant levels of investment are required if the continent is to realize its environmental targets. The development of resources such as gas, hydrogen and renewables will ensure Africa adheres to global climate mitigation targets while at the same time driving economic growth.”

With a focus on green energy, AEW 2022 will hold the transformative African Green Energy Summit – a platform for an inclusive discussion on Africa’s green energy sector.

During the Summit, speakers will highlight key opportunities across Africa’s renewable energy space, providing insight into potential markets such as the Congo, Mozambique, the Gambia, Kenya, Angola, and Libya, all rich with renewable resources.

Additionally, the Summit will emphasize the role that hydrogen will play in Africa by detailing high potential markets and projects such as Hive Hydrogen’s green ammonia plant in South Africa and the $9.4 billion green hydrogen project in Namibia.

Global experts to give insights on Uganda-Tanzania oil pipeline - New Vision Official

<p>AEW 2022 will be a focus on exploration, licensing rounds, and remaining competition for investment in 2022 and beyond</p><p> </p>

www.newvision.co.ug

 

[Tony254]

Hahahaahahaha. Nilimuambia Geza Ulole kwamba Uganda watachagua Mombasa port badala ya Dar port na akaendelea kupingana na mimi. Sasa ona inabidi ameze maneno yake.

 

[Geza Ulole]

Hahahaahahaha. Nilimuambia Geza Ulole kwamba Uganda watachagua Mombasa port badala ya Dar port na akaendelea kupingana na mimi. Sasa ona inabidi ameze maneno yake.

March is not far!

 

[Geza Ulole]

Tony254

 

[Geza Ulole]

 

[Geza Ulole]

CC: Mzee wa wivu Tony254

 

[Geza Ulole]

 

[Geza Ulole]

 

[Geza Ulole]

 

[Geza Ulole]

 

[Geza Ulole]

 

[Geza Ulole]

Ceremony: Ruth Nankabirwa, Uganda’s Minister of Energy & Mineral DevelopmentPhoto: OFFICE OF THE PRIME MINISTER OF UGANDA

Uganda final investment decision imminent - ceremony set for Kampala​

Up to $20 billion will be invested in oil projects in Uganda and Tanzania

31 January 2022 12:13 GMT UPDATED 31 January 2022 12:13 GMT
By Iain Esau in London

Uganda final investment decision imminent - ceremony set for Kampala | Upstream

Up to $20 billion will be invested in oil projects in Uganda and Tanzania

www.upstreamonline.com

 

[Geza Ulole]

OIL & GAS / AFRICA / E&P

TotalEnergies signs Rwanda MoU ahead of Uganda FID​

TotalEnergies has signed a memorandum of understanding (MoU) in Rwanda ahead of a final investment decision (FID) in Uganda tomorrow.

By Ed Reed
31/01/2022, 10:58 am

© Supplied by Rwanda Development Board

TotalEnergies has signed a memorandum of understanding (MoU) in Rwanda ahead of a final investment decision (FID) in Uganda tomorrow. Picture shows; Patrick Pouyann?, chairman & CEO of TotalEnergies visiting a memorial in Rwanda. The Kigali Genocide Memorial, Rwanda . Supplied by Rwanda Development Board Date; 30/01/2022


TotalEnergies has signed a memorandum of understanding (MoU) in Rwanda ahead of a final investment decision (FID) in Uganda tomorrow.

Patrick Pouyanné visited Rwanda and reached an agreement to support the Rwanda Development Board.
The agreement covers product distribution, LPG, hydropower, power storage for the network, nature-based solutions for carbon storage and training programmes on the energy transition.

“This collaboration agreement illustrates TotalEnergies’ commitment to deploying its multi-energy strategy in Africa, particularly in Rwanda, a country with a booming economy,” said Pouyanné, chairman & CEO of Total.

“We are pleased to seize this opportunity to work together with Rwanda and contribute to the development of its energy sector, in line with TotalEnergies’ ambition to become a global multi energy company”.

The CEO of the Rwanda Development Board, Clare Akamanzi, said the investment from Total was “timely for a country that puts the environment at the heart of its development strategies. Additionally, the skills transfer in critical areas such as renewable energies and energy transition will undoubtedly contribute to the development of local expertise in the energy sector.”


The French company also announced the incorporation of a local branch, TotalEnergies Marketing Rwanda. It has also opened a permanent office in Kigali.

Rwanda has been involved in the counter insurgency in northern Mozambique, where Total is working to build a major LNG project. The company declared force majeure in March 2021 following a terrorist attack.

The European Union (EU) has expressed support for Rwanda’s security work in Mozambique. EU ambassador to Rwanda Nicola Bellomo last week said there was an “ongoing discussion on possible EU support to Rwanda and to identify new avenues to promote and preserve peace and security on the continent”.

There has been speculation that France – or Total – may have been bankrolling Rwanda’s involvement. Kigali has rejected these suggestions.

Lake Albert​

Meanwhile, Uganda National Oil Co. (UNOC) expects to announce FID on February 1.

Pouyanné visited Uganda in April, concluding the final agreements for the Lake Albert development. This covers the Tilenga project, in the country’s west, and the East African Crude Oil Pipeline (EACOP). The company has set the aim of achieving first oil by 2025.

CNOOC Ltd reached FID on the Kingfisher field in November 2021.

UNOC have scheduled a livestream, which will begin on February 1 at 7 am. The event will cover Tilenga, Kingfisher and EACOP.

TotalEnergies signs Rwanda MoU ahead of Uganda FID

TotalEnergies has signed a memorandum of understanding (MoU) in Rwanda ahead of a final investment decision (FID) in Uganda tomorrow. Patrick Pouyanné

www.energyvoice.com

 

[Geza Ulole]

 

[Geza Ulole]

CC: Tony254 uungwana ni vitendo kubali defeat after years of denying the pipeline won`t kickoff now u should come here and concede ur sorry ukunya! And tell us how is the progress of Lokichar-Lamu pipeline!

 

[Geza Ulole]

french eliakeem niliwaambia kwamba bill hii ni muhimu na lazima muipitishe kabla ya ujenzi kuanza na nyinyi mkapinga na kusema kwamba bill hii sio muhimu, kwamba construction itaanza kabla ya bill hii kupitishwa. Sasa mbona mumeifanya bill yenyewe kuwa emergency bill ikiwa bill yenyewe sio muhimu? Halafu ujenzi mbona bado haujaanza mpaka sasa? Ni kwa sababu hamjapitisha bill hii.

TBT and usually blah blah from Lamu pipeline

Big plans: an oil rig used to drill the Ngamia-1 discovery well in 2012 in Tullow Oil's Lokichar basin assets in northern Kenya Photo: REUTERS/TULLOW OIL/SCANPIX

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Kenya government sizes up development plan for $3.4bn oil project​

Tullow Oil submitted final development plan for Lokichar oil project last month

17 January 2022 12:41 GMT UPDATED 18 January 2022 12:28 GMT
By Iain Esau

in London
Kenya’s government is evaluating the final field development plan (FDP) for Tullow Oil’s $3.4 billion Lokichar oil project that was recently submitted for approval a few weeks ago.

A spokesperson for Tullow said the FDP was “submitted in December” and is “being reviewed by the government,” noting that the development plan is not a public document.

Nevertheless, the operator did reveal the broad details of the revamped project in September, having earlier submitted a draft FDP.

The original 80,000-bpd, multi-field project was delayed due to commercial concerns amid the oil price collapse and the impact of Covid-19, so the partners — which include TotalEnergies and Africa Oil — decided to improve its economics.

The new, higher-cost scheme will tap 585 million barrels of oil — 30% more than originally planned — while the capacity of the 825-kilometre oil export pipeline to Lamu port on the Indian Ocean has been expanded to handle 130,000 bpd and its diameter consequently increased from 18 to 20 inches.

Assuming the project is sanctioned this year, then first oil could flow in 2025 or 2026.

Kenya government sizes up development plan for $3.4bn oil project | Upstream

Tullow Oil submitted final development plan for Lokichar oil project last month

www.upstreamonline.com

 

[Geza Ulole]

Fight to End Finance for East African Crude Oil Pipeline Escalates​

On Tuesday 2nd February, Ugandan President Yoweri Museveni is expected to announce a milestone in the highly controversial process to build the East African Crude Oil Pipeline (EACOP) - a 1,443-kilometer crude oil pipeline from Hoima in Uganda to the port of Tanga in Tanzania that, if completed, would be the longest heated crude oil pipeline in the world.

At an official ceremony scheduled for Tuesday, Museveni will officially sign a Final Investment Decision (FID) for the EACOP project, sending the signal that it has the necessary financial backing required to go ahead. However it is widely understood that this massive new fossil fuel project still faces a significant funding shortfall of at least $2.5billion.

Campaigners are stepping up efforts to ensure this fossil fuel finance is never made available. Many major banks have already ruled out supporting the project, while activists are now applying pressure to those that remain as potential funders. These banks include: Standard Bank (South Africa), ICBC (China), JPMorgan Chase (USA), MUFG (Japan), Standard Chartered (UK), Citi (US), Deutsche Bank (Germany) and SMBC (Japan).

Landry Ninteretse, 350Africa.org Regional Director said:
“The future of East Africa relies on building sustainable, diversified and inclusive economies - not by letting huge multinational corporations like Total extract resources and keep the profit. The impacts of building the East Africa Oil Pipeline will be devastating for our communities, for wildlife and for the planet. But, despite today’s announcement and the PR drive from fossil fuel supporters, EACOP is not inevitable. In fact, it needs billions of dollars from private banks around the world to become viable. Most of these banks have already distanced themselves from this controversial project. Together we can further pressure the reluctant ones and stop this fossil finance flowing into the East Africa region and instead support real solutions that not only safeguard the rights of the communities and protect the environment, but also deliver sustainable development for local communities.”

Isabelle l’Héritier, 350.org France campaigner said:
“The French oil giant Total is on the verge of building a devastating oil pipeline right through the heart of Africa - displacing thousands of households, endangering water resources for millions of Ugandans and Tanzanians, devastating vulnerable ecosystems, and pushing the world further into climate chaos. The people benefitting from this aren’t local communities, they are rich European banks and oil companies like Total. Over 260 organisations are urgently trying to convince banks around the world to rule out supporting this disastrous project. Eleven banks, including three French banks, have already pulled out. In Europe we are stepping up our efforts to work with African groups to cut the flows of finance from European banks that want to keep profiting from disastrous, unwanted projects in the global south.“

Fight to End Finance for East African Crude Oil Pipeline Escalates

On Tuesday 2nd February, Ugandan President Yoweri Museveni is expected to announce a milestone in the highly controversial process to build the East African Crude Oil Pipeline (EACOP) - a 1,443-kilometer crude oil pipeline from Hoima in Uganda to the port of Tanga in Tanzania that, if completed...

www.commondreams.org

 

[Geza Ulole]