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Released October 05, 2023 | new delhi
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Researched by Industrial Info Resources (Sugar Land, Texas)--Africa's population is experiencing rapid growth, yet it grapples with the challenge of meeting its energy demands. The continent possesses significant energy reserves, particularly in the form of oil and natural gas, however insufficient connectivity has meant that the region has not been able to make full use of their resources.
The East African Crude Oil Pipeline (EACOP) was introduced to specifically facilitate the export of crude oil from Uganda to the international market. Aimed at connecting its landlocked Lake Albert oil reserve, the EACOP will provide a crucial transportation route to get the oil to the coast for export. This pipeline will be 898 miles (1,445 kilometres) long, have a diameter of 24 inches, and will be able to carry 216,000 barrels of crude oil per day.
Industrial Info has been tracking this complex project since its conception. Construction is slated to start in November 2023, with completion expected by December 2025. Subscribers to Industrial Info's Oil & Gas Project Database can click here for related project reports.
The proposed pipeline, however, has faced a series of delays due to geopolitical, environmental and social apprehensions as well as funding issues. The pipeline navigates through politically tense, ecologically fragile regions and densely populated locales, which has raised concerns about the successful construction as well as operation of the pipeline. Construction start has now been delayed by nearly seven years from the initial proposed timelines. While historically projects that have reached an engineering phase have a higher probability of starting construction, despite its advanced stage there is still a high likelihood of the project getting further pushed out.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
The East African Crude Oil Pipeline (EACOP) was introduced to specifically facilitate the export of crude oil from Uganda to the international market. Aimed at connecting its landlocked Lake Albert oil reserve, the EACOP will provide a crucial transportation route to get the oil to the coast for export. This pipeline will be 898 miles (1,445 kilometres) long, have a diameter of 24 inches, and will be able to carry 216,000 barrels of crude oil per day.
Industrial Info has been tracking this complex project since its conception. Construction is slated to start in November 2023, with completion expected by December 2025. Subscribers to Industrial Info's Oil & Gas Project Database can click here for related project reports.
The proposed pipeline, however, has faced a series of delays due to geopolitical, environmental and social apprehensions as well as funding issues. The pipeline navigates through politically tense, ecologically fragile regions and densely populated locales, which has raised concerns about the successful construction as well as operation of the pipeline. Construction start has now been delayed by nearly seven years from the initial proposed timelines. While historically projects that have reached an engineering phase have a higher probability of starting construction, despite its advanced stage there is still a high likelihood of the project getting further pushed out.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
