Uganda’s Tilenga and Kingfisher petroleum projects, as well as a pipeline to carry their oil to Tanzania for export, are on track for first production by 2025, Uganda National Oil Co’s chief executive said in an interview.<\/p>\n\n\n\n
“Tilenga is still on track,” UNOC CEO Proscovia Nabbanja told Reuters on Sunday. “We’ve seen the three drilling kits being brought into the country. And equally Kingfisher is also on track. Three wells drilled so far on Kingfisher. For Tilenga, four wells.”<\/p>\n\n\n\n
The 1,445 kilometre (898 mile) East African Crude Oil Pipeline (EACOP) that will transport crude from Tilenga and Kingfisher is also set to come online in 2025, she said in the interview in Abu Dhabi.<\/p>\n\n\n\n
EACOP is co-owned by the government of Uganda, France’s TotalEnergies (TTEF.PA)<\/a>, China’s CNOOC (0883.HK)<\/a> and Tanzania’s Tanzania Petroleum Development Corp (TPDC).<\/p>\n\n\n\n Uganda is in advanced talks with Chinese export credit agency SINOSURE to provide credit for the project, which will cost $5 billion, including the cost of credit, and 40% of the money will be raised through debt while the rest will come from equity, a top Ugandan official said last week.<\/p>\n\n\n\n Nabbanja said the pool of financing for oil and gas projects has been reduced due to climate concerns. But she added: “We still believe we should be able to pull off the financing we require across the different projects.”<\/p>\n\n\n\n Five activist groups in June sued TotalEnergies for a second time over Tilenga and EACOP in a Paris civil court, accusing the oil major of failing to protect people and the environment.<\/p>\n\n\n\n Nabbanja said she could not comment on the suit, but said TotalEnergies had been “a prudent operator”.<\/p>\n\n\n\n She said the project’s co-owners had taken account of environmental considerations from the start of planning.<\/p>\n\n\n\n “So I feel it’s a little bit unfair for the pushback across the project, because I think all partners are aligned and the two governments, Tanzania and Uganda, are aligned because we are there and we see the fundamental change the projects have made in the communities even before the first drop of oil comes on.”<\/p>\n","protected":false},"excerpt":{"rendered":" Uganda’s Tilenga and Kingfisher petroleum projects, as well as a pipeline to carry their oil to Tanzania for export, are<\/p>\n","protected":false},"author":1,"featured_media":10050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[65],"tags":[],"class_list":["post-10049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/10\/R.jpeg","jetpack-related-posts":[{"id":10336,"url":"https:\/\/prowebinhost.com\/anzu\/energy-minister-nankabirwa-says-uganda-on-track-to-produce-oil-by-2025\/","url_meta":{"origin":10049,"position":0},"title":"Energy Minister Nankabirwa says Uganda on track to produce oil by 2025","author":"UgandaUpdate","date":"October 29, 2023","format":false,"excerpt":"The government of Uganda is on track to ensure that the first drop of oil is produced by the end of 2025, the Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, has told parliament. \u201cGovernment and its partners are working tirelessly and I am happy to report that we\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/10\/The-Minister-of-Energy-and-Mineral-Development-Hon.-Ruth-Nankabirwa-speaking-during-the-plenary-sitting-on-Wednesday-25-October-2023.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/10\/The-Minister-of-Energy-and-Mineral-Development-Hon.-Ruth-Nankabirwa-speaking-during-the-plenary-sitting-on-Wednesday-25-October-2023.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/10\/The-Minister-of-Energy-and-Mineral-Development-Hon.-Ruth-Nankabirwa-speaking-during-the-plenary-sitting-on-Wednesday-25-October-2023.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/10\/The-Minister-of-Energy-and-Mineral-Development-Hon.-Ruth-Nankabirwa-speaking-during-the-plenary-sitting-on-Wednesday-25-October-2023.jpg 2x"},"classes":[]},{"id":8086,"url":"https:\/\/prowebinhost.com\/anzu\/president-museveni-commissions-drilling-of-kingfisher-oil-fields-in-kikuube-asks-locals-to-cash-in-by-producing-food\/","url_meta":{"origin":10049,"position":1},"title":"President Museveni commissions \u00a0drilling of kingfisher oil fields in KiKuube, asks locals to cash in by producing food","author":"UgandaUpdate","date":"January 25, 2023","format":false,"excerpt":"BY OUR REPORTERS in Kikuube President Museveni has \u00a0commissioned the drilling of oil and development of production wells for the Kingfisher oil fields in Kikuube district, operated by CNOOC Uganda and joint venture partners UNOC and Total E&P.-paving way for commercial production of oil in Uganda for the first time\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/prowebinhost.com\/anzu\/category\/energy\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/Museveni-commission-Cnooc-oil-rig.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/Museveni-commission-Cnooc-oil-rig.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/Museveni-commission-Cnooc-oil-rig.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/Museveni-commission-Cnooc-oil-rig.jpg 2x"},"classes":[]},{"id":8080,"url":"https:\/\/prowebinhost.com\/anzu\/ugandas-oil-journey-drilling-to-commence-in-the-first-quarter-of-2023\/","url_meta":{"origin":10049,"position":2},"title":"Uganda\u2019s Oil Journey: Drilling to Commence in the First Quarter of 2023","author":"UgandaUpdate","date":"January 23, 2023","format":false,"excerpt":"By Gloria Kembabazi In Kampala The Minister of Energy and Mineral Development Hon. Ruth Nankabirwa, has announced that the commencement of development drilling of Uganda\u2019s oil is expected to commence in the first quarter of 2023. This speaks to the target of having Uganda\u2019s first oil by 2025. The development\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/prowebinhost.com\/anzu\/category\/energy\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/PHOTO-2023-01-20-10-43-56-1.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/PHOTO-2023-01-20-10-43-56-1.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/PHOTO-2023-01-20-10-43-56-1.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/PHOTO-2023-01-20-10-43-56-1.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/PHOTO-2023-01-20-10-43-56-1.jpg 3x"},"classes":[]},{"id":5477,"url":"https:\/\/prowebinhost.com\/anzu\/oil-and-gas-conventionwhat-opportunities-for-ugandans\/","url_meta":{"origin":10049,"position":3},"title":"OIL AND GAS CONVENTION:WHAT OPPORTUNITIES FOR UGANDANS","author":"UgandaUpdate","date":"April 21, 2022","format":false,"excerpt":"The big boys in Uganda's Oil and Gas sector convened at the 8th\u00a0Uganda Chamber of Mines and Petroleum (UNCMP) oil convention held at Serena Hotel in Kampala and highlighted the opportunities the industry will offer to the Ugandan people . Key sector players presented opportunities that are available in the\u2026","rel":"","context":"In "National Development"","block_context":{"text":"National Development","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-development\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/04\/nak.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/04\/nak.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/04\/nak.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/04\/nak.jpg 2x"},"classes":[]},{"id":10556,"url":"https:\/\/prowebinhost.com\/anzu\/govt-dismisses-human-rights-report-says-40-funding-has-been-secured-for-oil-pipeline\/","url_meta":{"origin":10049,"position":4},"title":"Govt Dismisses Human Rights Report ,Says 40% Funding Has Been Secured For Oil Pipeline","author":"UgandaUpdate","date":"November 15, 2023","format":false,"excerpt":"The government will not be distracted by the pressure from activists to halt the ongoing construction of the East Africa Crude Oil Pipeline \u2013 EACOP, the Energy and Mineral Development Minister, Ruth Nankabirwa Ssentamu has stated. Nankabirwa\u2019s stance follows last week\u2019s report released by GreenFaith, an international and multi-faith climate\u2026","rel":"","context":"In "National Development"","block_context":{"text":"National Development","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-development\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/en-scaled.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/en-scaled.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/en-scaled.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/en-scaled.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/11\/en-scaled.jpg 3x"},"classes":[]},{"id":11771,"url":"https:\/\/prowebinhost.com\/anzu\/tanzania-flags-off-east-african-crude-oil-pipeline-coating-plant\/","url_meta":{"origin":10049,"position":5},"title":"Tanzania Flags-off East African Crude Oil Pipeline Coating Plant","author":"UgandaUpdate","date":"March 29, 2024","format":false,"excerpt":"Uganda and Tanzania have commissioned the East African Crude Oil Pipeline (EACOP) Coating plant, nestled at Sojo , Nzege \u2013 Tabora Region in Tanzania. Ruth Nankabirwa, Uganda\u2019s Minister of Energy joined her counterpart in Tanzania ,the Dr Doto Biteko, to commission the facility, where all the pipelines delivered from the\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pc0aOV-2C5","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/comments?post=10049"}],"version-history":[{"count":1,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10049\/revisions"}],"predecessor-version":[{"id":10051,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10049\/revisions\/10051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media\/10050"}],"wp:attachment":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media?parent=10049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/categories?post=10049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/tags?post=10049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}