Museveni speaks out
President Yoweri Museveni has spoken out on European Union’s position on Uganda’s oil.
The country’s oil is expected to flow in 2025. This, after a number of initiatives including the East African Crude Oil Pipeline.
Yesterday, the European Union (EU) lawmakers voted by a majority of 334 to pass the resolution that seeks to compel Uganda, Tanzania and the TotalEnergies SE to delay development of the proposed East African Crude Oil Pipeline (EACOP) for at least one year.
Museveni speaks out
During the one-year period, they said, Uganda and the French oil giant should go back to the drawing board to study an alternative route with less environmental footprint.
In a statement this evening, the President reassured the country of Uganda’s first oil by 2025.
“I want to assure you that the project shall proceed as stipulated in the contract we have with TotalEnergies and CNOOC,” the President said.
Museveni speaks out
According to the President, “We should remember that TotalEnergies convinced me about the Pipeline idea; if they choose to listen to the EU Parliament, we shall find someone else to work with.”
Either way, the President said: “we shall have our oil coming out by 2025 as planned.”
The President urged people of Uganda not to worry.
