Uganda
Standard Bank to Finance EACOP
Standard Bank will fund the East African Crude Oil Pipeline
News
Read the latest Archives of oil, gas and energy news.
Uganda
Uganda: China Backs EACOP Completion
China is set to fund the development of the East African Crude Oil Pipeline (EACOP) which will transport oil from Uganda to the Tanzanian port of Tanga,
Uganda
Project Update: EACOP Inaugurates Coating Plant
The coating plant will allow for safe transportation of crude oil along the East African Crude Oil Pipeline (EACOP).
Invest in African Energy Forum
IAE 2024: EACOP Spokesperson to Share Project Updates
The Invest in African Energy forum in Paris will spotlight opportunities to finance, supply and advance the transformative Tilenga – East African Crude Oil Pipeline (EACOP) project.
Tanzania
EACOP Developers Seek $3B to Close Debt Financing Deal
Developers of the EACOP project are seeking three billion dollars in debt financing for the financial close of the five-billion-dollar initiative.
Tanzania: EACOP Launches Main Construction Phase
The East African Crude Oil Pipeline has received its first 100 km of pipe at the Port of Dar es Salaam.
Paris
Congolese Hydrocarbons Minister Gives Update on EACOP Participation
H.E. Didier Budimbu Ntubuanga, Minister of Hydrocarbons of the Democratic Republic of the Congo, stated that the DRC has launched discussions with its regional neighbors
DRC Looks at EACOP to Export Crude
The respective ministries of Uganda and the DRC met this week to discuss the use of EACOP to export oil from blocks in the DRC’s Albertine Graben basin
Uganda
EACOP Financing Shifts to China
China is likely to take over financing of the East African Crude Oil Pipeline following withdrawal of top lenders.
EACOP Financing to Conclude by End of 2023
Debt financing for the East African Crude Oil Pipeline is expected to be concluded by the end of 2023.
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