Tanzania and Uganda have signed the fifth crucial Host Government Agreement (HGA) that finally allows the construction of a 4.16billion US dollars heated pipeline to carry crude oil from western Uganda to the Indian Ocean coast in Tanzania. The signing of the agreement took place on Thursday at the State House in Dar es Salaam, in a ceremony attended by Ugandan President Yoweri Museveni and her Tanzanian counterpart Samia Suluhu Hassan. The two Eastern African countries and the investors, French oil company Total and China National Offshore Oil Corporation (CNOOC) have already witnessed the signing of the Memorandum of Understanding in 2017, the Host Government Agreement, Share Holder Agreement (for the pipeline company) and the Tariff Agreement, signed in April 2021 in Uganda. Partners in the world longest electrically heated pipeline, Total and CNOOC witnessed the signing of the 1,440-kilometer-long crude oil pipeline agreement from Uganda’s Albertine region to […]