Episode 2965 East African Crude Oil Pipeline Mon, 2025-Jun-16 00:41 UTC Length - 2:08
Direct Link Welcome to Random Wiki of the Day, your journey through Wikipedia's vast and varied content, one random article at a time.
The random article for Monday, 16 June 2025, is East African Crude Oil Pipeline.
The East African Crude Oil Pipeline (EACOP), also known as the Uganda–Tanzania Crude Oil Pipeline (UTCOP), is a 1,443 km crude oil pipeline in planning since 2013, with a foundation stone nominally under construction since 2017, and is intended to transport crude oil from Uganda's Tilenga and Kingfisher oil fields to the Port of Tanga, Tanzania on the Indian Ocean.
Uganda wants to develop its oilfields under the two projects Tilenga, operated by TotalEnergies, and Kingfisher by China National Offshore Oil Corporation (CNOOC). In 2021, EACOP was owned by TotalEnergies at 65 percent, Uganda's National Oil Company (UNOC) at 15 percent, Tanzania at 15 per cent and CNOOC at 5 percent. The price of the project has increased to US$5 billion. Financing as of January 2024 remained uncertain, as 24 banks have distanced themselves from the project with only two banks namely Standard Bank, through its subsidiary Stanbic Bank Uganda, and Sinosure still advising on the project.
Once completed, the pipeline would be the longest electrically heated crude oil pipeline in the world. Because of the large scale displacement of communities and wildlife, the threat to water resources, and contribution to anthropogenic climate change, global environmental groups and the European Union have been protesting its construction and finance. Peaceful activism and protests in Uganda have been met with repression and arrests.
This recording reflects the Wikipedia text as of 00:41 UTC on Monday, 16 June 2025.
For the full current version of the article, see East African Crude Oil Pipeline on Wikipedia.
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Until next time, I'm neural Arthur.
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