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Museveni, Magufuli commission $3.5 Billion oil pipe line

Uganda and the Tanzania delegation in Hoima

Uganda President Yoweri Kaguta Museveni and his Tanzania counterpart John Pompe Magufuli on Saturday commissioned the construction of the 1,445km-long East African crude oil pipe line from Hoima district in Uganda to the Indian Ocean Tanzanian Port of Tanga.

The two leaders used the occasion to underscore the need for fast integration of the East African community so as to ease the joint planning, financing and implementation of major projects that are crucial for the development and transformation of the region.

The heated crude oil pipe line, the longest of its kind in the world, will cost $3.5 billion and will be completed by 2020 making Uganda join the ranks of oil producing countries.

The pipeline works will be undertaken by Total E&P, CNOOC and Tullow Oil, together with the two governments of Uganda and Tanzania. The pipe line will on completion carry 216,000 barrels of crude oil for export daily.

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