Bantu Gazette
  • TV
  • Magazine
No Result
View All Result
Bantu Gazette
  • TV
  • Magazine
No Result
View All Result
Bantu Gazette
No Result
View All Result

Uganda Oil, Tanzania LNG Projects Gain Momentum

Bantu Gazetteby Bantu Gazette
March 28, 2025
Reading Time: 2 mins read

Uganda Oil, Tanzania LNG Projects Gain Momentum

Bantu Gazetteby Bantu Gazette
March 28, 2025
Reading Time: 2 mins read

KAMPALA, Uganda (BG) — East Africa is positioning itself as a major player in the global energy sector, with two flagship projects—the East African Crude Oil Pipeline (EACOP) and Tanzania Liquefied Natural Gas (LNG)—driving this transformation.

The 1,443-kilometer East African Crude Oil Pipeline, set to begin oil exports in 2026, will connect Uganda’s Kingfisher and Tilenga oilfields with international markets via Tanzania’s Port of Tanga, according to a press statement from the African Energy Chamber on Thursday.

Currently in the engineering, procurement and construction phase, the project reflects a strong commitment from TotalEnergies, China National Offshore Oil Corporation (CNOOC), and the national oil companies of Uganda and Tanzania.

Recent milestones include the completion of the first Integrated E-House Main Line Block Valve and orbital welding training in Uganda, which supports local content goals.

A memorandum of understanding signed in February 2025 between the Tanzanian government and EACOP further reinforces operational security.

Despite facing financing challenges, EACOP has secured $2 billion and seeks an additional $3 billion to fast-track development.

Support from institutions such as Standard Bank and China’s Sinosure and Export-Import Bank is expected to play a critical role.

Meanwhile, the $42 billion Tanzania LNG project targets a final investment decision by 2028.

The project will monetize up to 36 trillion cubic feet of gas across Blocks 1, 2 and 4, operated by Shell, Equinor and ExxonMobil.

The government is revising a Host Government Agreement, with talks expected to conclude by June 2025.

CNOOC is leading ongoing exploration efforts, with a licensing round for 26 offshore blocks underway.

“The EACOP and Tanzania LNG projects have the potential to transform the East African energy landscape, and finalizing these projects has become more critical than ever,” said Tomás C. Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber.

Subscribe to our newsletter

Get our latest tips, insights, and discoveries delivered straight to your inbox. It’s free, inspiring, and spam-free! ✨


Editor’s Pick

Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City

Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City

June 22, 2025
President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance

President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance

June 3, 2025
Thomas Sankara Mausoleum Inaugurated in Burkina Faso

Thomas Sankara Mausoleum Inaugurated in Burkina Faso

June 3, 2025
À Abidjan, l’Afrique veut passer des discours aux actes

À Abidjan, l’Afrique veut passer des discours aux actes

June 3, 2025
African Union Urges Responsible AI Use to Safeguard Press Freedom

African Union Urges Responsible AI Use to Safeguard Press Freedom

June 23, 2025
Cameroon, Chad Open Bridge to Boost Cross-Border Trade

Cameroon, Chad Open Bridge to Boost Cross-Border Trade

June 3, 2025

Uganda Oil, Tanzania LNG Projects Gain Momentum

KAMPALA, Uganda (BG) — East Africa is positioning itself as a major player in the global energy sector, with two flagship projects—the East African Crude Oil Pipeline (EACOP) and Tanzania Liquefied Natural Gas (LNG)—driving this transformation.

The 1,443-kilometer East African Crude Oil Pipeline, set to begin oil exports in 2026, will connect Uganda’s Kingfisher and Tilenga oilfields with international markets via Tanzania’s Port of Tanga, according to a press statement from the African Energy Chamber on Thursday.

Currently in the engineering, procurement and construction phase, the project reflects a strong commitment from TotalEnergies, China National Offshore Oil Corporation (CNOOC), and the national oil companies of Uganda and Tanzania.

Recent milestones include the completion of the first Integrated E-House Main Line Block Valve and orbital welding training in Uganda, which supports local content goals.

A memorandum of understanding signed in February 2025 between the Tanzanian government and EACOP further reinforces operational security.

Despite facing financing challenges, EACOP has secured $2 billion and seeks an additional $3 billion to fast-track development.

Support from institutions such as Standard Bank and China’s Sinosure and Export-Import Bank is expected to play a critical role.

Meanwhile, the $42 billion Tanzania LNG project targets a final investment decision by 2028.

The project will monetize up to 36 trillion cubic feet of gas across Blocks 1, 2 and 4, operated by Shell, Equinor and ExxonMobil.

The government is revising a Host Government Agreement, with talks expected to conclude by June 2025.

CNOOC is leading ongoing exploration efforts, with a licensing round for 26 offshore blocks underway.

“The EACOP and Tanzania LNG projects have the potential to transform the East African energy landscape, and finalizing these projects has become more critical than ever,” said Tomás C. Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber.

Related Posts

Energy

Ghana’s Energy Sector Remains Country’s Biggest Economic Risk, Finance Minister Says

by Bantu Gazette
April 23, 2025
0

ACCRA, Ghana – Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has described the energy sector as the biggest economic threat...

Read moreDetails

Africa’s Energy Transition Must Be on Africa’s Terms

April 15, 2025

Trade, Investment, LPG Key to Addressing Africa’s $15B Infrastructure Gap

April 7, 2025

Africa Energy Bank Gains Momentum with Support from Nigeria, Angola, Ghana

April 1, 2025

Most Recent

Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City
Technology

Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City

June 22, 2025
President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance
Politics & Economy

President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance

June 3, 2025
Thomas Sankara Mausoleum Inaugurated in Burkina Faso
Politics & Economy

Thomas Sankara Mausoleum Inaugurated in Burkina Faso

June 3, 2025
À Abidjan, l’Afrique veut passer des discours aux actes
Politics & Economy

À Abidjan, l’Afrique veut passer des discours aux actes

June 3, 2025
African Union Urges Responsible AI Use to Safeguard Press Freedom
Politics & Economy

African Union Urges Responsible AI Use to Safeguard Press Freedom

June 23, 2025
Cameroon, Chad Open Bridge to Boost Cross-Border Trade
Politics & Economy

Cameroon, Chad Open Bridge to Boost Cross-Border Trade

June 3, 2025

Uganda Oil, Tanzania LNG Projects Gain Momentum

March 28, 2025
Share this story
Facebook
X
LinkedIn
Email
Copy Link

KAMPALA, Uganda (BG) — East Africa is positioning itself as a major player in the global energy sector, with two flagship projects—the East African Crude Oil Pipeline (EACOP) and Tanzania Liquefied Natural Gas (LNG)—driving this transformation.

The 1,443-kilometer East African Crude Oil Pipeline, set to begin oil exports in 2026, will connect Uganda’s Kingfisher and Tilenga oilfields with international markets via Tanzania’s Port of Tanga, according to a press statement from the African Energy Chamber on Thursday.

Currently in the engineering, procurement and construction phase, the project reflects a strong commitment from TotalEnergies, China National Offshore Oil Corporation (CNOOC), and the national oil companies of Uganda and Tanzania.

Recent milestones include the completion of the first Integrated E-House Main Line Block Valve and orbital welding training in Uganda, which supports local content goals.

A memorandum of understanding signed in February 2025 between the Tanzanian government and EACOP further reinforces operational security.

Despite facing financing challenges, EACOP has secured $2 billion and seeks an additional $3 billion to fast-track development.

Support from institutions such as Standard Bank and China’s Sinosure and Export-Import Bank is expected to play a critical role.

Meanwhile, the $42 billion Tanzania LNG project targets a final investment decision by 2028.

The project will monetize up to 36 trillion cubic feet of gas across Blocks 1, 2 and 4, operated by Shell, Equinor and ExxonMobil.

The government is revising a Host Government Agreement, with talks expected to conclude by June 2025.

CNOOC is leading ongoing exploration efforts, with a licensing round for 26 offshore blocks underway.

“The EACOP and Tanzania LNG projects have the potential to transform the East African energy landscape, and finalizing these projects has become more critical than ever,” said Tomás C. Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber.

Related Posts

Ghana’s Energy Sector Remains Country’s Biggest Economic Risk, Finance Minister Says

by Bantu Gazette
April 23, 2025
0

...

Africa’s Energy Transition Must Be on Africa’s Terms

by Bantu Gazette
April 15, 2025
0

...

Trade, Investment, LPG Key to Addressing Africa’s $15B Infrastructure Gap

by Bantu Gazette
April 7, 2025
0

...

Africa Energy Bank Gains Momentum with Support from Nigeria, Angola, Ghana

by Bantu Gazette
April 1, 2025
0

...

African Union Calls for Bold Action to Transform Mineral Sector

by Bantu Gazette
March 28, 2025
0

...

Nigeria to Adopt Egypt’s Power Model

by Bantu Gazette
March 24, 2025
0

...

Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City
Technology

Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City

by Bantu Gazette
Reading Time: 2 mins read
May 30, 2025
0

Lagos, Nigeria's largest city, has taken the top spot in the Global Tech Ecosystem Index 2025 as the fastest growing...

Read moreDetails
President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance

President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance

May 28, 2025
Thomas Sankara Mausoleum Inaugurated in Burkina Faso

Thomas Sankara Mausoleum Inaugurated in Burkina Faso

May 18, 2025
À Abidjan, l’Afrique veut passer des discours aux actes

À Abidjan, l’Afrique veut passer des discours aux actes

May 14, 2025
African Union Urges Responsible AI Use to Safeguard Press Freedom

African Union Urges Responsible AI Use to Safeguard Press Freedom

May 3, 2025
Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City

Nigeria’s Lagos Ranked as World’s Fastest Growing Tech City

by Bantu Gazette
May 30, 2025
0

Lagos, Nigeria's largest city, has taken the top spot in the Global Tech Ecosystem Index 2025 as the fastest growing...

President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance

President Ouattara Tells Africa to Chart New Path of Economic Self-Reliance

by Bantu Gazette
May 28, 2025
0

His speech emphasized the need for African nations to capitalize on their resources and youth to drive transformative and inclusive...

Thomas Sankara Mausoleum Inaugurated in Burkina Faso

Thomas Sankara Mausoleum Inaugurated in Burkina Faso

by Bantu Gazette
May 18, 2025
0

Burkina Faso inaugurates mausoleum for assassinated President Sankara & 12 companions, killed in 1987.

À Abidjan, l’Afrique veut passer des discours aux actes

À Abidjan, l’Afrique veut passer des discours aux actes

by Bantu Gazette
May 14, 2025
0

Abidjan a réuni dirigeants et investisseurs les 12-13 mai pour booster l'économie africaine via industrialisation, logistique et numérique. Place à...

Next Post

African Union Calls for Bold Action to Transform Mineral Sector

Kenya Unveils Blood Automation Plan at Africa Technology Day

Les lauréats du Grand Prix Littéraire du Bénin dévoilés à Cotonou

West Africa Bloc Builds Capacity for Tax Reform Implementation

The editorial platform of Bantu Agency.

The editorial platform of Bantu Agency.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Bantu TV

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact

The editorial platform of Bantu Agency.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Bantu TV

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact
  • Subscription

© 2025

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?