Browsing: oil in Uganda

EACOP FID

Tanzania adamant on EACOP as EU parliament flags project

Industry and Trade

The ministry argued that the oil pipeline project is being implemented strictly on international safety, environmental and social aspects, including the Human Rights Impact Assessment (HRIA).

The EACOP project has managed to amass at least US$20 billion, benefiting the two neighbouring nations immensely. That’s why Tanzania is stern on highlighting key issues regarding human rights and environmental risks.

“A dedicated HRIA was undertaken as part of the project implementation process. The HRIA assessed and put in place measures for addressing the potential adverse of the project on the human rights enjoyment,” the statement pointed out.

According to the EU Parliament statement, at least 100,000 people have been forced to move out of their homes to leave the path for the pipeline.

Oil and Gas in Tanzania Wembere Eyasi

Oil and Gas: Tanzania’s oil potential enhances economy’s growth

Industry and Trade

Tanzania has been ambitious from day one to strike oil. However, it took a while to find oil deposits, and it will take time to commercialize the oil discovered—a tedious but necessary process.

Oil and gas exploration in Tanzania has been taking place since 1952. The Discovery of oil reserves in Tanzania’s Wembere-Eyasi proves the long wait was worth a while.

In the same suit as its neighbouring nation, Tanzania is to undergo a rigorous process to commercialize the oil discovered entirely.

For instance, in Kenya, which discovered oil and experienced the first stages of (testing) exporting at least 200,000 barrels—the nation is working to build the functioning and healthy infrastructure necessary to tap the existing potential.