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Tanzania president arrives in Uganda for oil pipeline launch

By Tom Mugisha,

KAMPALA – Tanzania’s President John Magufuli will arrive in Uganda on Tuesday and is expected to lay foundation in Masaka central Uganda on Saturday to symbolise start of the construction of the proposed $3.5bn East African Crude Oil Pipeline.

The 1,445-kilometre pipeline is planned to run from Hoima District in mid-western Uganda to Tanzania’s southern Tanga Port on the Indian Ocean coast.

Magaufuli and his Ugandan counterpart Yoweri Museveni, according to Ministry of foreign affairs, laying the foundation stone had been planned in Hoima, western Uganda where the pipeline will start but it was changed  because Magufuli was unwilling to travel 200km to the west of the country.

This, according to senior officials in both the ministries of Energy and Foreign Affairs, led the rescheduling of the groundbreaking ceremony from early October.

Officials said, they had proposed for Mr Magufuli to travel by a helicopter from Mutukula to Hoima but this he vehemently rejected.

Both Uganda and Tanzania are currently evaluating possible financing options for the project. The two countries supported by the French oil giant Total E& plan to fund 70 percent of $3.5b.

The 30 per cent capital will be raised through equity by the Joint Venture partners and national oil companies of the two countries; Tanzania Petroleum Development Corporation and Uganda National Oil Company.

The Uganda National Pipeline Company subsidiary will take the lead in securing funding for the pipeline.

The construction is expected to start early next year and to be completed by 2020.

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1 comment

rezen Nov 7, 2017 at 9:31 pm

Subject: “Tanzania president arrives in Uganda for oil pipeline launch, By Tom Mugisha, Nov 7, 20170

Commentary, 7 Nov 2017 Let us be frank. They came to lay the foundation of their new source of income for their future Life to themselves and their Families. $3.5bn [that is: 3,500 million dollars!!!) Take one percent of it and YOU — DEAR READER– will have 35 million US dollar. YOU got it made. PERIOD.

Let us not kid ourselves. The essential factors such as FOOD, HEALTH and meaningful EDUCTION are not profitable for their private agenda in their Life. You do not need to read the rest of the Article.

It is also a repetition in the entire Continent of “DARK” Africa where the African people are condemned to exist [NOT LIVE] as detestable refugees, beggars, homeless …. wandering around the Globe with absolutely NO HOPE for the future. WE ARE, each one of us, that DETESTABLE AFRICAN, that the World see upon us, every day. With that attitude, don’t expect a meaningful respect for the African Race. Prove me wrong; I would be happy to die with the greatest happiness imaginable. THE END

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