Experts debate Hoima-Tanga oil pipeline
Dar es Salaam. A debate emerged yesterday as extractives industries stakeholders differed over which country between Uganda and Tanzania would benefit more from the planned $3.5 billion East Africa Crude Oil Pipeline (Eacop) upon completion.
The experts from Uganda, Kenya, Tanzania and the US were in the city for a two-day Oxfam Tanzania convened meeting to discuss the crude pipeline development, commercial arrangements and other aspects related to the project.
“Both countries stand to benefit if they work together because they are in position to negotiate better terms with the oil firms,” said Mr Haggai Matsiko, the Investigations Editor of Uganda based-- The Independent.
Mr Paul Bagabo from Natural Resources Governance Institute argued that Tanzania would benefit through various means during the pipeline construction phase, citing that with likes of gas discoveries found in the country, Tanzania’s power utility would be in good position to negotiate with the pipeline company and secure power supply tender.
