Hehehe, Total has officially suspended all activities of Uganda-Tabzania oil pipeline until further notice.

Hehehe, Total has officially suspended all activities of Uganda-Tabzania oil pipeline until further notice.

Idadi sawa na wajalua mnaowachinja kila kipindi cha uchaguzi
 
Markets
Uganda Will Be Able to Get Oil-Pipeline Funding, Stanbic Says
By
Fred Ojambo
Tue Aug 06 2019 11:25:54 GMT+0200 (CEST)
  • Raising capital for $3.5 billion project ‘is not a problem’
  • Planned pipeline has faced opposition from lobby groups
Uganda will be able to get the cash it needs to build a planned $3.5 billion oil-export pipeline, with financiers ready to commit funds as soon as a final investment decision is made, according to Stanbic Bank Uganda Ltd.

The project has attracted “a lot of interest” and raising capital “is not a problem,” Stanbic Chief Executive Officer Patrick Mweheire said Tuesday in Kampala. The pipeline, which is crucial to plans by Total SA, Cnooc Ltd. and Tullow Oil Plc to tap the country’s first oil, has faced opposition from lobby groups who have voiced concern over its potential environmental impact.

Uganda, with discoveries of 6 billion barrels of oil resources, is targeting the start of production in 2022, while the 216,000-barrel-a-day pipeline would begin operations the following year. The government has said that an FID to develop the finds and build the pipe could unlock as much as $20 billion of investment.

Standard Bank Group said in June it was reviewing a request by lobbyists to withdraw from funding the proposed pipeline. The lives of as many as 14,500 people along its route could be affected, according to the request, which was signed by organizations including U.K.-based Global Witness.

Stanbic and Japan’s Sumitomo Mitsui Banking Corp. are the lead arrangers for financing of the 900-mile conduit, seeking to raise $2.5 billion in debt funding. Total, Cnooc and Tullow will also provide funds, as will the government.

“There are a lot of people sitting on the sidelines; funding for the pipeline can be raised,” Mweheire said. “We are all working collectively for FID.”

An investment decision on the pipeline, which would run from Hoima in Uganda’s oil region to the Tanzanian port of Tanga, is targeted later this year.

Bloomberg - Are you a robot?

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As you post article za wahenga I give you this current one[emoji23][emoji23]
Geza Ulole said:
Markets
Uganda Will Be Able to Get Oil-Pipeline Funding, Stanbic Says
By
Fred Ojambo
Tue Aug 06 2019 11:25:54 GMT+0200 (CEST)
  • Raising capital for $3.5 billion project ‘is not a problem’
  • Planned pipeline has faced opposition from lobby groups
Uganda will be able to get the cash it needs to build a planned $3.5 billion oil-export pipeline, with financiers ready to commit funds as soon as a final investment decision is made, according to Stanbic Bank Uganda Ltd.

The project has attracted “a lot of interest” and raising capital “is not a problem,” Stanbic Chief Executive Officer Patrick Mweheire said Tuesday in Kampala. The pipeline, which is crucial to plans by Total SA, Cnooc Ltd. and Tullow Oil Plc to tap the country’s first oil, has faced opposition from lobby groups who have voiced concern over its potential environmental impact.

Uganda, with discoveries of 6 billion barrels of oil resources, is targeting the start of production in 2022, while the 216,000-barrel-a-day pipeline would begin operations the following year. The government has said that an FID to develop the finds and build the pipe could unlock as much as $20 billion of investment.

Standard Bank Group said in June it was reviewing a request by lobbyists to withdraw from funding the proposed pipeline. The lives of as many as 14,500 people along its route could be affected, according to the request, which was signed by organizations including U.K.-based Global Witness.

Stanbic and Japan’s Sumitomo Mitsui Banking Corp. are the lead arrangers for financing of the 900-mile conduit, seeking to raise $2.5 billion in debt funding. Total, Cnooc and Tullow will also provide funds, as will the government.

“There are a lot of people sitting on the sidelines; funding for the pipeline can be raised,” Mweheire said. “We are all working collectively for FID.”

An investment decision on the pipeline, which would run from Hoima in Uganda’s oil region to the Tanzanian port of Tanga, is targeted later this year.

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Click to expand...
 
Geza Ulole said:
Markets
Uganda Will Be Able to Get Oil-Pipeline Funding, Stanbic Says
By
Fred Ojambo
Tue Aug 06 2019 11:25:54 GMT+0200 (CEST)
  • Raising capital for $3.5 billion project ‘is not a problem’
  • Planned pipeline has faced opposition from lobby groups
Uganda will be able to get the cash it needs to build a planned $3.5 billion oil-export pipeline, with financiers ready to commit funds as soon as a final investment decision is made, according to Stanbic Bank Uganda Ltd.

The project has attracted “a lot of interest” and raising capital “is not a problem,” Stanbic Chief Executive Officer Patrick Mweheire said Tuesday in Kampala. The pipeline, which is crucial to plans by Total SA, Cnooc Ltd. and Tullow Oil Plc to tap the country’s first oil, has faced opposition from lobby groups who have voiced concern over its potential environmental impact.

Uganda, with discoveries of 6 billion barrels of oil resources, is targeting the start of production in 2022, while the 216,000-barrel-a-day pipeline would begin operations the following year. The government has said that an FID to develop the finds and build the pipe could unlock as much as $20 billion of investment.

Standard Bank Group said in June it was reviewing a request by lobbyists to withdraw from funding the proposed pipeline. The lives of as many as 14,500 people along its route could be affected, according to the request, which was signed by organizations including U.K.-based Global Witness.

Stanbic and Japan’s Sumitomo Mitsui Banking Corp. are the lead arrangers for financing of the 900-mile conduit, seeking to raise $2.5 billion in debt funding. Total, Cnooc and Tullow will also provide funds, as will the government.

“There are a lot of people sitting on the sidelines; funding for the pipeline can be raised,” Mweheire said. “We are all working collectively for FID.”

An investment decision on the pipeline, which would run from Hoima in Uganda’s oil region to the Tanzanian port of Tanga, is targeted later this year.

Bloomberg - Are you a robot?

www.bloomberg.com
Click to expand...
 
Geza Ulole said:
Markets
Uganda Will Be Able to Get Oil-Pipeline Funding, Stanbic Says
By
Fred Ojambo
Tue Aug 06 2019 11:25:54 GMT+0200 (CEST)
  • Raising capital for $3.5 billion project ‘is not a problem’
  • Planned pipeline has faced opposition from lobby groups
Uganda will be able to get the cash it needs to build a planned $3.5 billion oil-export pipeline, with financiers ready to commit funds as soon as a final investment decision is made, according to Stanbic Bank Uganda Ltd.

The project has attracted “a lot of interest” and raising capital “is not a problem,” Stanbic Chief Executive Officer Patrick Mweheire said Tuesday in Kampala. The pipeline, which is crucial to plans by Total SA, Cnooc Ltd. and Tullow Oil Plc to tap the country’s first oil, has faced opposition from lobby groups who have voiced concern over its potential environmental impact.

Uganda, with discoveries of 6 billion barrels of oil resources, is targeting the start of production in 2022, while the 216,000-barrel-a-day pipeline would begin operations the following year. The government has said that an FID to develop the finds and build the pipe could unlock as much as $20 billion of investment.

Standard Bank Group said in June it was reviewing a request by lobbyists to withdraw from funding the proposed pipeline. The lives of as many as 14,500 people along its route could be affected, according to the request, which was signed by organizations including U.K.-based Global Witness.

Stanbic and Japan’s Sumitomo Mitsui Banking Corp. are the lead arrangers for financing of the 900-mile conduit, seeking to raise $2.5 billion in debt funding. Total, Cnooc and Tullow will also provide funds, as will the government.

“There are a lot of people sitting on the sidelines; funding for the pipeline can be raised,” Mweheire said. “We are all working collectively for FID.”

An investment decision on the pipeline, which would run from Hoima in Uganda’s oil region to the Tanzanian port of Tanga, is targeted later this year.

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www.bloomberg.com
Click to expand...


WED SEP 4, 2019 / 10:01 AM EDT

Ugandan oil pipeline plan suspended due to collapse of Tullow-Total deal: official



(Reuters) - Work on a pipeline to export Ugandan oil has been suspended, an industry official said on Wednesday, after Tullow Oil's plan to sell another stake in the project to France's Total and China's CNOOC was called off last week.

"All East African Crude Oil Pipeline (EACOP) activities including tenders have been suspended until further notice because of collapse of the deal," the official told Reuters on condition of anonymity.

(Reporting by Elias Biryabarema; Writing by Maggie Fick; Editing by Mark Potter)

Our standards: The Thomson Reuters Trust Principles.
 
Hatukuwa tunapumua huku. Tulikuwa tunakumbushwa jinsi Kenya ni shithole ndio maana tulipoteza pipeline to the mighty Tanzania. Hohoho. Cc joto la jiwe
 
joto la jiwe said:
Idadi sawa na wajalua mnaowachinja kila kipindi cha uchaguzi
Click to expand...
Leo umekuwa mnyonge sana. Habari hii inavunja majigambo yako na kuonyesha hakuna tofauti kati ya Kenya na TZ. Sisi sote tumepoteza pipeline. Hehehe
 
Geza ni aje huongei kuhusu mambo ya pipeline [emoji23][emoji23]
Geza Ulole said:
Markets
Uganda Will Be Able to Get Oil-Pipeline Funding, Stanbic Says
By
Fred Ojambo
Tue Aug 06 2019 11:25:54 GMT+0200 (CEST)
  • Raising capital for $3.5 billion project ‘is not a problem’
  • Planned pipeline has faced opposition from lobby groups
Uganda will be able to get the cash it needs to build a planned $3.5 billion oil-export pipeline, with financiers ready to commit funds as soon as a final investment decision is made, according to Stanbic Bank Uganda Ltd.

The project has attracted “a lot of interest” and raising capital “is not a problem,” Stanbic Chief Executive Officer Patrick Mweheire said Tuesday in Kampala. The pipeline, which is crucial to plans by Total SA, Cnooc Ltd. and Tullow Oil Plc to tap the country’s first oil, has faced opposition from lobby groups who have voiced concern over its potential environmental impact.

Uganda, with discoveries of 6 billion barrels of oil resources, is targeting the start of production in 2022, while the 216,000-barrel-a-day pipeline would begin operations the following year. The government has said that an FID to develop the finds and build the pipe could unlock as much as $20 billion of investment.

Standard Bank Group said in June it was reviewing a request by lobbyists to withdraw from funding the proposed pipeline. The lives of as many as 14,500 people along its route could be affected, according to the request, which was signed by organizations including U.K.-based Global Witness.

Stanbic and Japan’s Sumitomo Mitsui Banking Corp. are the lead arrangers for financing of the 900-mile conduit, seeking to raise $2.5 billion in debt funding. Total, Cnooc and Tullow will also provide funds, as will the government.

“There are a lot of people sitting on the sidelines; funding for the pipeline can be raised,” Mweheire said. “We are all working collectively for FID.”

An investment decision on the pipeline, which would run from Hoima in Uganda’s oil region to the Tanzanian port of Tanga, is targeted later this year.

Bloomberg - Are you a robot?

www.bloomberg.com
Click to expand...
 
Mwaka huu mambo ya CCM kufeli tu ... Bagamoyo, 7% uchumi kuwekwa sahihi Hadi 4%, Kinyesi kuwa chakula , SGR mtungi wa Konyagi,ATCL kukamatwa, na Sasa hili la Bomba la mafuta 😂😂😂😂 joto la jiwe ichoboy01 msikeshe kwenye battle la Dar Sluum.
 
Teargass said:
Geza ni aje huongei kuhusu mambo ya pipeline [emoji23][emoji23]
Click to expand...
Pipeline itachelewa ila will remain in tanzania soil! Tullow r bitter trying to frustrate the project but have no funds n r unbankable! Museveni is to visit Tanzania this week to discuss way forward but believe me Tullow r to pay capital gain charges and r risking chances for other oil plots they own in Uganda!
 
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