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Ugandan Minister: Oil Pipeline Works To Begin In First Half Of 2021

Building the 1,445-kilometer pipeline, which stretches from Uganda’s oil fields to Tanzania’s Tanga port, is expected to take three years.

Uganda’s Energy Minister Mary Goretti Kitutu says the country expects to start the construction of the $3.5 billion crude export pipeline to start in the first half of next year.

A final investment decision and the start of construction are both expected to happen by the end of June, the minister said during an online oil conference Wednesday.

Building the 1,445-kilometer pipeline, which stretches from Uganda’s oil fields to Tanzania’s Tanga port, is expected to take three years.

Total SA, which controls two third of Uganda’s oil discoveries, is leading the pipeline project along with Chinese partner Cnooc Ltd. and the two East African states.

The East African Crude Oil Pipeline will export 216,000 barrels a day at peak production, according to its website.

A final investment decision for the oil fields will unlock an investment of at least $10 billion in developing the Tilenga and Kingfisher deposits, the minister said.