EACOP Pipeline Surges Past 64% Completion, Boosts Tanzanian Revenue
The $5 billion East African Crude Oil Pipeline (EACOP), which will link Uganda’s oilfields in Hoima to the Tanzanian port of Tanga, has reached 64.5% completion and has already earned Tanzania approximately TSh50 billion ($19.5 million) in taxes and fees.
Designed to be the world’s longest heated crude oil pipeline at 1,443 kilometers, the EACOP project is a joint venture between TotalEnergies, the Uganda National Oil Company (UNOC), Tanzania Petroleum Development Corporation (TPDC), and the China National Offshore Oil Corporation (CNOOC). It aims to transport Uganda’s thick, waxy crude safely to global markets.
Advanced insulation and embedded fiber-optic cables ensure safe temperature control and allow real-time leak detection and satellite monitoring to mitigate environmental risks.
The pipeline has already created more than 1,200 local jobs and is projected to generate significant revenues for both Uganda and Tanzania once oil exports begin. In addition to its export function, the project will also stimulate the local refining industry through a domestic refinery in Uganda.
Despite international pressure from environmental activists, both governments remain firmly committed, seeing EACOP as a foundation for long-term industrialization, regional integration, and foreign investment attraction.
Source: africa.businessinsider.com
