The Tanzanian government has reaffirmed the importance of sustainable practices and environmental stewardship in the development of the East African Crude Oil Pipeline (EACOP), emphasizing its role as a flagship project symbolizing regional cooperation and fostering economic growth.
Speaking at the Uganda-Tanzania Oil and Gas Networking Forum on November 22, 2024, Deputy Permanent Secretary in the Ministry of Energy, Dr. James Mataragio, highlighted the pipeline’s potential to boost regional economies, generate jobs, and support the growth of sustainable industries.
“The East African Crude Oil Pipeline contributes to the development of regional economies by creating jobs and building sustainable industries,” Dr. Mataragio stated during the forum hosted by the High Commission of Uganda in Tanzania.
Dr. Mataragio praised the leadership of Ugandan President Yoweri Museveni and Tanzanian President Samia Suluhu Hassan for their dedication to advancing bilateral cooperation in the energy sector.
“The visionary leadership of our presidents has fostered a partnership that positions Uganda and Tanzania as key players in the region’s energy sector,” he added.
He further stressed that this collaboration has cultivated an investment-friendly environment, presenting significant opportunities for both local and international stakeholders.
Uganda’s High Commissioner to Tanzania, Colonel (rtd) Fred Mwesigye, shared similar sentiments, underscoring the transformative potential of the oil and gas sector in driving regional development.
“The Uganda-Tanzania partnership, anchored by the East African Crude Oil Pipeline, serves as a model for regional integration and mutual development,” he said.
Mwesigye called on stakeholders to prioritize knowledge-sharing and capitalize on emerging opportunities within the sector.
“Today’s forum demonstrates our shared commitment to unlocking the potential of our oil and gas resources. This partnership is about more than infrastructure – it’s about fostering private sector linkages, creating jobs, and ensuring sustainable development,” he emphasized.
The forum brought together key stakeholders from Uganda, Tanzania, and the broader East African region to explore opportunities in the oil and gas sector, focusing on regional integration and economic collaboration.
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