East Africa: Financing the East African Crude Oil Pipeline Is a Big Mistake

analysis

At a time when the international scientific community is telling us the world cannot absorb new fossil fuel developments if we are to tackle the climate crisis, Uganda and Tanzania are planning to construct a highly controversial oil pipeline that threatens to destroy the livelihoods of tens of thousands and threaten extensive ecosystems with incomparable biodiversity.

Meant to transport the oil coming from three oil fields being developed in Uganda, the East African Crude Oil Pipeline (EACOP) would be the longest heated crude oil pipeline in the world, estimated to cost $2.5-billion. At full production, it is expected to transport up to 230,000 barrels a day.

Planned to run from the shores of Lake Albert, in Uganda, to the port city of Tanga, in Tanzania, the pipeline is expected to cause large-scale displacement of local communities and pose grave risks to protected environments, water sources and wetlands in both countries. Concerns have been raised on the impact of oil extraction on Lake Albert fisheries and the disastrous consequences of an oil spill in Lake Victoria that would affect millions of people (in approximately eight countries) that rely on the two lakes and their watersheds for drinking water and food production....

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