CRUDE OIL PIPELINE CONSTRUCTION SET TO KICK OFF IN TANZANIA

The construction of the pipeline is set to link Uganda and Tanzania which will take the two nations into a new height.

The announcement was made by Energy Minister Dr Medard Kalemani when tabling his ministry’s 2.196trn/- budget estimates and expenditures for the financial year 2020/21.

Kalemani said Tanzania has allocated 1bn/- for compensation to people and institutions affected with the implementation of a 3.5billion US dollar worth 1,445km-long underground pipeline.

Kalemani also said the project is waiting for a final investment decision and the parties are finalising negotiation on four key issues – Host Government Agreements (HGAs), a Shareholders’ agreement (SHA), Land Lease Agreement (LLA) and the Ports Agreement (PA).

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