The East African Crude Oil Pipeline (EACOP), also known as the Uganda–Tanzania Crude Oil Pipeline (UTCOP),[5][4] is a 1,443 km crude oil pipeline in planning since 2013, with a foundation stone nominally under construction since 2017[6] and intended to transport crude oil from Uganda's Tilenga and Kingfisher oil fields to the Port of Tanga, Tanzania on the Indian Ocean.[7]
Uganda wants to develop its oilfields under the two projects Tilenga, operated by TotalEnergies, and Kingfisher by China National Offshore Oil Corporation (CNOOC). In 2021, EACOP was owned by TotalEnergies at 65 percent, Uganda's National Oil Company (UNOC) at 15 percent, Tanzania at 15 per cent and CNOOC at 5 percent. The price of the project has increased to 5 billion $. financing as of January 2024 remained uncertain, as 24 banks have distanced themselves from the project with only two banks namely Standard Bank, through its subsidiary Stanbic Uganda, and Sinosure still advising on the project.
Once completed, the pipeline would be the longest electrically heated crude oil pipeline in the world.[8] Because of the large scale displacement of communities and wildlife, the threat to water resources and contribution to anthropogenic climate change global environmental groups and the EU have been protesting its construction and finance.[9][10] Peaceful activism and protests in Uganda have been met with repression and arrests.
^Daily Monitor (12 April 2021). "Uganda's first oil production now set for early 2025" (The Citizen Tanzania Quoting Daily Monitor). The Citizen (Tanzania). Dar es Salaam. Retrieved 12 April 2021.
^Nicholas Bariyo (12 April 2021). "Total Expects First Oil From Ugandan Project in 2025". Annecy, France: Market Screener. Retrieved 12 April 2021.
^Cite error: The named reference Do was invoked but never defined (see the help page).
^ abHalima Abdallah (5 September 2017). "Uganda seeks more land for oil pipeline". The EastAfrican. Nairobi. Retrieved 5 September 2017.
^Editorial (9 August 2017). "Getting crude oil pipeline off ground is great leap". Daily Monitor. Kampala. Archived from the original on 28 November 2018. Retrieved 9 August 2017.
^The EastAfrican (5 August 2017). "Magufuli, Museveni lay foundation stone for crude oil pipeline". The EastAfrican. Nairobi. Retrieved 5 August 2017.
^Elias Biryabarema, and Fumbuka Ng'wanakilala (2 March 2016). "Uganda, Tanzania plan oil pipeline". Reuters.com. Retrieved 3 March 2016.
^The Economist (5 February 2022). "A big Ugandan oil project is progressing at last". The Economist. Retrieved 3 February 2022.
^Cite error: The named reference :0 was invoked but never defined (see the help page).
^Cite error: The named reference :1 was invoked but never defined (see the help page).
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