EAST AFRICAN CRUDE OIL PIPELINE PROJECT UPDATE

摘要

THE EAST AFRICAN Crude Oil Pipeline (EACOP) is a strategic priority for landlocked Uganda, which is keen to export its hydrocarbon reserves out to Tanzania and beyond. The 1,443 km pipeline route will take Ugandan oil from Lake Albert, then tracks a route south of Lake Victoria and out to the Indian Ocean port of Tanga on the Tanzanian coast. But the idea has been repeatedly delayed, grinding to a halt last year amid tax disputes and the collapse of a proposed buyout deal between two of its major partners.