Gold Mining News Hubb
Advertisement
  • Home
  • Gold News
  • Mining News
  • Contact us
No Result
View All Result
  • Home
  • Gold News
  • Mining News
  • Contact us
No Result
View All Result
Gold Mining News Hubb
No Result
View All Result
Home Gold News

DRC Looks at EACOP to Export Crude

admin by admin
May 15, 2023
in Gold News


According to DRC Hydrocarbons Minister, Didier Budimbu Ntubuanga, discussions focused on bilateral relations, the development of hydrocarbons, and access to the EACOP for the transport of crude oil which will be extracted from the Albertine Graben in the DRC.

During the meeting, Minister Ntubuanga and his Ugandan counterpart, Minister of Energy and Mineral Development Dr. Ruth Nankabirwa Ssentamu, established a taskforce made up of technical teams from both countries, whose role is to assess the feasibility and strategy of the DRC’s tie-in. Upon the finalization of the report, a memorandum of understanding (MoU) will be signed between the two countries.

The meeting follows the DRC opening of a 30-block licensing round in 2022 covering blocks in the Albertine Basin – situated on the eastern border of the DRC and the western border of Uganda. Using the 1,143km EACOP – which links the Tilenga and Kingfisher oilfields in the Ugandan side of the Albertine Graben to international markets via the Port of Tanga in Tanzania – the DRC will be able to connect directly to regional and global markets. The EACOP is on track for first production in 2025.



Source link

Previous Post

Obasanjo’s son endorses Akpabio, urges senators-elect to support APC’s zoning

Next Post

Andrada starts process for strategic partner as seeks to accelerate Uis lithium plan

Next Post

Andrada starts process for strategic partner as seeks to accelerate Uis lithium plan

Recommended

Why bandit kingpin released four abducted FGC Yauri pupils

April 23, 2023

Here’s What’s Coming to VC+ Next

May 14, 2023

Don't miss it

Gold News

Climate change worsens plight of Nigeria’s cocoa farmers

September 30, 2023
Mining News

Kazatomprom plans uranium production increase in 2025

September 30, 2023
Gold News

Portia Derby bows to critics announcing resignation from Transnet

September 30, 2023
Gold News

Unlocking Guinea-Conakry’s Hydrocarbon Potential

September 30, 2023
Gold News

Weah faces Boakai, others again as Liberians prepare to elect new president

September 29, 2023
Mining News

Atlas Materials secures $27m for nickel technology for EV batteries

September 29, 2023
gold mining-66

© Gold Mining News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Gold News
  • Mining News
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Gold News
  • Mining News
  • Contact us

© 2022 Gold Mining News Hubb All rights reserved.