Page 10 - DMEA Week 08 2023
P. 10

DMEA                                    SUPPLY & PROCESSING                                            DMEA


       Tanzania issues construction




       licence to EACOP Ltd




        TANZANIA         TANZANIA has formally authorised the con-  comply with not only the laws of Tanzania and
                         struction of its section of the East Africa Crude  Uganda but also with the most stringent inter-
                         Oil Pipeline (EACOP), which will carry petro-  national standards,” she was quoted as saying by
                         leum from western Uganda to the shores of the  AFP.
                         Indian Ocean.                          Equity in EACOP Ltd is split between
                           According to a report from AFP, Tanzania’s  TotalEnergies (France), with 62%; Uganda
                         government issued a certificate authorising  National Oil Co. (UNOC), with 15%; Tanzania
                         EACOP Ltd, the consortium set up to build the  Petroleum Development Corp. (TPDC), with
                         pipeline, to move forward with construction  15%; and China National Offshore Oil Corp.
                         work earlier this week. It did so just a few weeks  (CNOOC), with 8%. The partners aim to build
                         after Uganda’s issuance of a similar document to  a 1,443-km pipeline from Hoima in western
                         EACOP Ltd, so the consortium now has author-  Uganda to Tanga on Tanzania’s Indian Ocean
                         isation to build both sections of the link, which  coast. The link will be heated to compensate for
                         will eventually be 1,443 km long.Wendy Brown,  the waxy nature of the crude, and it will be the
                         the consortium’s general manager for Tanzania,  longest heated pipe in the world.
                         thanked the government for its issuance of the   EACOP is the midstream component of
                         new authorisation.                   the Lake Albert Development Project (LADP),
                           “This construction approval marks another  a $10bn initiative that aims to monetise Ugan-
                         step forward to EACOP as it allows commence-  da’s crude oil resources. It will carry production
                         ment of the main construction activities in Tan-  from the Tilenga and Kingfisher oilfields, which
                         zania, upon completion of the ongoing land  France’s TotalEnergies and China National Off-
                         access process,” she remarked. With respect to  shore Oil Corp.
                         land access, Brown noted that around 13,000   (CNOOC) aim to bring online in 2025.
                         of the households affected by the pipeline pro-  CNOOC’s Kingfisher field and TotalEner-
                         ject had been compensated. Only 4% of those  gies’ Tilenga field will eventually see yields top
                         affected have been displaced, she added.  250,000 barrels per day, with 216,000 bpd flow-
                           She went on to say that EACOP Ltd and its  ing to world markets via EACOP. The balance
                         shareholders were committed to minimising  will be directed to a 60,000-bpd refinery in
                         the project’s ecological impact along the route  Uganda, which will turn out fuels for consump-
                         of the oil pipeline. The pipeline consortium “will  tion in local and regional markets.™









































       P10                                      www. NEWSBASE .com                       Week 08   23•February•2023
   5   6   7   8   9   10   11   12   13   14   15