The 92km Hoima-Kaiso-Tonya road straightens, then snakes around the escarpments of the great Albertine rift valley before halting at the onshore Kingfisher oil field at the parallels of Lake Albert in mid-western Uganda.
The government of Uganda has approved construction of a crude pipeline project worth US $3.5bn. The country’s cabinet approved the application to construct the pipeline by the East African Crude Oil Pipeline Company Ltd (EACOP).
Kampala, Uganda | THE INDEPENDENT | The Final Investment Decision for Uganda’s Oil and Gas refinery project is set for June, this is according to the Ministry of Energy and Mineral Development.
The China National Offshore Oil Corporation (CNOOC) and the French energy conglomerate, TotalEnergies, say the investment in Uganda will be more than US$10billion.
Uganda will on Tuesday February 1,2022 announce the Final Investment Decision for the East Africa Crude Oil Pipeline (EACOP), Tilenga and the Kingfisher project.
Uganda is determined to expand its oil industry and, ultimately, to become an exporter of crude oil and products via a record-breaking pipeline