Uganda signs Total, Tanzania deals

Uganda signs Total, Tanzania deals

Uganda has signed a host government agreement (HGA) with Total on the East Africa Crude Oil Pipeline (EACOP), followed by new declarations with Tanzania on the link.

The HGA was signed on September 11. Ugandan Minister of Energy and Mineral Development Mary-Gorett Kitutu signed the deal with Total Exploration and Production’s president for Africa Nicolas Terraz. Ugandan President Yoweri Museveni oversaw the signing, as did Total’s CEO Patrick Pouyanné.

The HGA sets out the commercial framework for the Lake Albert development. Uganda described the signing as a significant step towards reaching a final investment decision (FID) by the end of the year.

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Source: EnergyVoice

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