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East Africa Set to Enter Global Oil Markets as $5bn EACOP Targets First Exports by October

Uganda and Tanzania are on track to export their first crude oil through the East African Crude Oil Pipeline (EACOP) as early as October, marking a major milestone for East Africa’s long-delayed entry into global oil markets, Africa Business Insider reports. The $5 billion pipeline, which stretches 1,443 kilometres from Uganda’s Albertine Graben to the Indian Ocean port of Tanga in Tanzania, is expected to become the world’s longest heated crude oil pipeline once operational. Designed to transport Uganda’s waxy crude at high temperatures, EACOP will form the backbone of...
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