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- EMZOR TO CONSTRUCT US$$23M API FACILITY IN NIGERIA
- TANZANIA PRESIDENT ANNOUNCED CONTRIBUTION OF TZS100MILLION FOR ARUSHA CHURCH CONSTRUCTION
- KITGUM-KIDEPO ROAD UPGRADE: UGANDA PARLIAMENT APPROVED SHs450BILLION LOAN
- GPA ANNOUNCED PLANS TO BUILD SECOND LANDER BRIDGE IN THE GAMBIA
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).