Samia Suluhu arrives in Uganda, to sign KSh375.5B oil pipeline deal with Museveni

for Tv47 Digital April 11, 2021, 11:15 AM
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Tanzania President Samia Suluhu has visited her Ugandan counterpart, Yoweri Museveni to sign the long-awaited oil pipeline deal which her predecessor the late John Pombe Magufuli worked so hard to realise.

Museveni and Suluhu will sign the Final Investment Decision (FID) which will in effect commence the construction of the crude oil pipeline, a huge milestone for the two  East African nations.

The Ugandan Crude Oil Pipeline is a 1,445-kilometre-long pipeline from oil wells in Hoima district in Uganda to Tanzania’s seaport of Tanga. The pipeline will cover 296km in Uganda passing through Hoima, Ssembabule, Rakai and Kikuube. In Tanzania, it will cover 1443km which includes the capital city Dodoma to Tanga.

The oil pipeline project is the longest electrically heated pipeline in the world and it will be heated because Uganda’s oil is waxy in nature. It will cost $3.5 billion (KSh375.5 Billion).

Uganda has about 1.7 billion barrels of recoverable oil discovered in the Albertine Graben on the border between Uganda and DR Congo at the Kingfisher and Tilenga fields.

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