,%20also%20known%20as%20the%20East%20African%20Crude%20Oil%20Pipeline%20(EACOP),%20would%20begin%20in%20April%202021.The%20pipeline%20had%20initially%20been%20scheduled%20to%20begin%20in%20January%202017,%20and%20be%20completed%20by%202020,%20as%20agreed%20upon%20at%20the%2013supth/sup%20East%20African%20Head%20of%20State%20Summit%20in%202016,%20in%20Kampala.%20However,%20disagreements%20on%20the%20provisions%20of%20some%20of%20the%20agreements%20by%20both%20countries%20have%20stalled%20the%20commencement%20of%20the%20project.blockquoteThe%20priorities%20during%20the%20incoming%20financial%20year%20is%20to%20complete%20these%20agreements%20and%20compensation%20of%20affected%20people./blockquoteAccording%20to%20Africaoilandpower.com,%20the%20Minister,%20while%20speaking%20at%20Tanzania's%20Assembly%20last%20week,%20said,%20The%20priorities%20during%20the%20incoming%20financial%20year%20is%20to%20complete%20these%20agreements%20and%20compensation%20of%20affected%20people.%20Also,%20the%20Minister%20was%20quoted%20as%20saying%20 that%20the%20project%20was%20awaiting%20a%20final%20investment%20decision%20and%20priority%20agreements%20to%20be%20signed,%20which%20are:%20the%20Host%20Government%20Agreements%20(HGA),%20the%20Shareholder's%20Agreement%20(SA),%20the%20Land%20Lease%20Agreement%20(LLA)%20and%20the%20Port%20Agreement%20(PA).img%20class=alignnone%20size-medium%20wp-image-1550%20src=https://ibekachikwu.com/wp-content/uploads/2020/05/IMG_2842-282x300.png%20alt=%20width=282%20height=300%20/The%20pipeline%20is%20said%20to%20be%201,445km%20(880mi)%20long%20and%20will%20cost%20$3.5%20billion.%20It%20is%20aimed%20at%20boosting%20revenue%20generation,%20creating%20job%20opportunities,%20increasing%20the%20availability%20of%20fuel,%20and%20building%20better%20friendships%20and%20partnerships%20between%20both%20countries.Although%20Tanzania%20is%20yet%20to%20discover%20oil,%20with%20exploration%20activities%20ongoing%20in%20the%20state,%20the%20government,%20through%20its%20Ministry%20of%20Energy,%20formed%20a%20partnership%20with%20Uganda%20to%20carry%20out%20oil%20exploration%20and%20transportation.Talks%20for%20the%20construction%20of%20a%20$1.5%20billion%20pipeline%20from%20Dar-Es-Salam,%20Tanzania%20to%20Ndola,%20Zambia%20are%20also%20underway,%20though%20an%20agreed%20time%20for%20the%20commencement%20of%20the%20construction%20is%20yet%20be%20announced.){kind=link}
The Energy Minister of Tanzania, Dr. Medard Kalemani, announced earlier this week that the construction of the Uganda-Tanzania Crude Oil Pipeline (UTCOP), also known as the East African Crude Oil Pipeline (EACOP), would begin in April 2021.
The pipeline had initially been scheduled to begin in January 2017, and be completed by 2020, as agreed upon at the 13th East African Head of State Summit in 2016, in Kampala. However, disagreements on the provisions of some of the agreements by both countries have stalled the commencement of the project.
“The priorities during the incoming financial year is to complete these agreements and compensation of affected people.”
According to Africaoilandpower.com, the Minister, while speaking at Tanzania’s Assembly last week, said, “The priorities during the incoming financial year is to complete these agreements and compensation of affected people.” Also, the Minister was quoted as saying that the project was awaiting a final investment decision and priority agreements to be signed, which are: the Host Government Agreements (HGA), the Shareholder’s Agreement (SA), the Land Lease Agreement (LLA) and the Port Agreement (PA).
The pipeline is said to be 1,445km (880mi) long and will cost $3.5 billion. It is aimed at boosting revenue generation, creating job opportunities, increasing the availability of fuel, and building better friendships and partnerships between both countries.
Although Tanzania is yet to discover oil, with exploration activities ongoing in the state, the government, through its Ministry of Energy, formed a partnership with Uganda to carry out oil exploration and transportation.
Talks for the construction of a $1.5 billion pipeline from Dar-Es-Salam, Tanzania to Ndola, Zambia are also underway, though an agreed time for the commencement of the construction is yet be announced.