Oil
Uganda's President Yoweri Museveni signed on Sunday the East African Crude Oil Pipeline project agreement with his Tanzanian counterpart Samia Hassan Suluhu.
"The EACOP Tripartite Project Agreement has been signed by all parties with commitment for realization of the Equal project; for the benefit of all people of Uganda and Tanzania in the spirit of East Africa," said Sam Kuteesa, Uganda's foreign minister.
The agreement, signed in the Ugandan capital Kampala, paves the way for the construction of a 1,440 km crude oil pipeline from Uganda's Albertine region to Tanzanian seaport of Tanga.
Extraction will take place at two oil fields: the Kingfisher field, which is operated by China National Offshore Oil Corporation Ltd, and the Tilenga field, operated by Total S.A.
Uganda last month suspended the signing of the agreement to mourn the death of then Tanzanian president John Pombe Magufuli.
The $3.55 billion pipeline could be the longest electrically heated crude oil pipeline in the world. Once completed, more than 10,000 job opportunities will be created during execution, according to Suluhu.
Environmental activists say the project poses risks to protected environments, water sources and wetlands in both the countries due to C02 emissions from the burning of oil through the pipeline.
01:43
Uganda kindergarten attacker sentenced to death
Go to video
Ugandans slam 'Sovereignty Bill' as mimicking Russian 'foreign agents' law
01:25
Dozens still missing in Uganda river boat accident as search resumes
Go to video
At least 20 people feared dead after boat capsizes on Uganda's Nguse river
02:10
Ugandan authorities arrest dozens of foreigners in possible human trafficking case
Go to video
Uganda detains 231 foreigners in crackdown on possible human trafficking