Uganda Investment Authority has awarded TDPC for its remarkable role in ensuring the successful implementation of the crude oil deal (EACOP) between the two East African Community members.
According to TPDC Director Dr James Mataragio, Tanzania has contributed over 60% to the deal’s success with Uganda, which he confirmed yesterday at the award-receiving ceremony in Dar es Salaam.
The Uganda – Tanzania crude pipeline has already employed 1,000 experts, and over 10,000 regular jobs have been produced, Dr Mataragio added.
“TPDC is experienced in implementation and management of gas and oil projects contributed a lot to the successfulness of the Uganda – Tanzania pipeline. We are glad Uganda acknowledges our work and send their humble appreciation to our staff for the invaluable work they have done.” – said Dr Mataragio.
The pipeline will be 1,443kms long, whereas 1,147kms will be constructed in Tanzania, passing through eight regions, i.e. Kagera, Geita, Shinyanga, Tabora, Geita, Singida, Dodoma and Manyara.
The project implementation will cost USD 3.6 Billion; the pipeline is planned to have a capacity of 216,000 barrels of crude oil per day. It will be 24 inches (61 cm) in diameter, and Uganda will pay Tanzania US$12.20 for every barrel flowing through the pipeline.