popular articles

Uganda Pursues TotalEnergies Project

Uganda has announced that it is going ahead with the oil megaproject planned by TotalEnergies, despite a European Parliament resolution condemning its "human rights violations" against opponents.

Please share:

Ugandan President Yoweri Museveni said Friday that he would go ahead with the planned oil megaproject with French group TotalEnergies despite a European Parliament resolution criticizing its “human rights violations” against opponents.

The project “will continue as stipulated in the contract we have with TotalEnergies and (Chinese oil giant) CNOOC,” Museveni said on Twitter.

“TotalEnergies convinced me of the pipeline idea; if they choose to listen to the European Parliament, we will find another partner to work with,” he added.

“In any case, our oil will be extracted in 2025 as planned. So the people of Uganda need not worry,” he stressed.

Lori Museveni, who has ruled Uganda with an iron fist since 1986, has praised the project in the past, citing in particular the economic benefits for this landlocked country where the majority of the population lives below the poverty line.

Earlier in the day, the Ugandan Parliament had strongly denounced the resolution adopted on Thursday by MEPs and condemning the mega-project.

“These are projects that have been approved by the Parliament of Uganda, the parliament of a sovereign country, and anything that goes against it is an affront to the independence of this house and we cannot take it lightly,” reacted the deputy speaker of parliament, Thomas Tayebwa, in a statement.

In February, TotalEnergies announced a $10 billion investment agreement with Uganda, Tanzania and CNOOC, including the construction of a pipeline of more than 1,400 kilometers linking the Lake Albert oil fields in western Uganda to the Tanzanian coast.

In a non-binding resolution, the European Parliament said it was “extremely concerned about human rights violations” in both countries, citing “arrests, intimidation and judicial harassment of human rights defenders and non-governmental organizations.

Estimating that more than 100,000 people are likely to be displaced along the pipeline route, MEPs called for “adequate compensation for those expropriated”.

In addition, the European Parliament is asking TotalEnergies to delay the project for a year in order to study “the feasibility of an alternative route that better protects the protected and sensitive ecosystems and water resources of Uganda and Tanzania.

Juliette Renaud, Campaigner at Friends of the Earth France, said the resolution sent “a strong political signal against Total’s Tilenga and EACOP projects, whose human, environmental and climate costs are undeniable and simply unacceptable.

TotalEnergies said on Thursday that it was “doing everything possible to make this an exemplary project in terms of transparency, shared prosperity, economic and social progress, sustainable development, environmental awareness and respect for human rights.

Under the waters and on the shores of Lake Albert, a 160 km natural barrier separating Uganda from the Democratic Republic of Congo, lies the equivalent of 6.5 billion barrels of crude oil, of which about 1.4 billion barrels are recoverable in the current state of discovery.

Uganda’s reserves can last between 25 and 30 years with an estimated peak production of 230,000 barrels per day.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Between low margins, rising taxes, and rail delays, Russian refineries struggle to sustain operations, while modernization projects are hindered by high interest rates and Western sanctions.
New Mexico Oil Auctions Generate $5.5 Million: A Mixed Success
New Mexico Oil Auctions Generate $5.5 Million: A Mixed Success
Despite pressure on refining margins, Africa is accelerating refinery projects to meet growing demand and enhance energy security, while facing competition from global giants.
Despite pressure on refining margins, Africa is accelerating refinery projects to meet growing demand and enhance energy security, while facing competition from global giants.
India's oil product consumption grew by 3% in October, marking a recovery after the monsoon season, driven by diesel demand and robust vehicle sales during the festive season.
India's oil product consumption grew by 3% in October, marking a recovery after the monsoon season, driven by diesel demand and robust vehicle sales during the festive season.
Aramco, Sinopec, and Fujian Petrochemical break ground on an integrated refining and petrochemical complex in China, aiming for an annual production of 16 million tons to meet the rising global demand for chemicals.
O.K. Lim, a former oil tycoon in Singapore, has been sentenced to 17 and a half years in prison for a massive financial fraud that defrauded HSBC of $100 million, tarnishing the city-state's commercial reputation.
O.K. Lim, a former oil tycoon in Singapore, has been sentenced to 17 and a half years in prison for a massive financial fraud that defrauded HSBC of $100 million, tarnishing the city-state's commercial reputation.
TechnipFMC and Saipem secure contracts exceeding one billion dollars each for TotalEnergies’ offshore oil project, GranMorgu, aimed at exploiting fields off the Suriname coast.
TechnipFMC and Saipem secure contracts exceeding one billion dollars each for TotalEnergies’ offshore oil project, GranMorgu, aimed at exploiting fields off the Suriname coast.
Sinopec's Tianjin Nangang complex, developed with INEOS, enhances China's petrochemical capabilities with integrated production of 1.2 million tons annually. This project marks a turning point in strategic partnerships and industrial self-sufficiency.
Sinopec's Tianjin Nangang complex, developed with INEOS, enhances China's petrochemical capabilities with integrated production of 1.2 million tons annually. This project marks a turning point in strategic partnerships and industrial self-sufficiency.
ENEOS, Japan's leading refiner, intensifies spot market oil purchases, including Canadian crude, leveraging the Trans Mountain pipeline expansion. This shift reduces Japan's energy dependence on the Middle East.
Despite growing calls to reduce hydrocarbon production, a report by the NGO Urgewald reveals that the oil and gas industry has invested an average of $61.1 billion annually in exploration over the past three years.
Despite growing calls to reduce hydrocarbon production, a report by the NGO Urgewald reveals that the oil and gas industry has invested an average of $61.1 billion annually in exploration over the past three years.
The Mexican government is set to unveil a long-term strategy for Pemex as the state-owned company faces structural challenges. Experts and investors discuss the necessary solutions, including opening up to private capital.
The Mexican government is set to unveil a long-term strategy for Pemex as the state-owned company faces structural challenges. Experts and investors discuss the necessary solutions, including opening up to private capital.
Despite high expectations, Dangote refinery faces difficulties selling gasoline domestically and begins exporting to ease stock and diversify its markets.
Despite high expectations, Dangote refinery faces difficulties selling gasoline domestically and begins exporting to ease stock and diversify its markets.
OPEC+ recorded an increase of 30,000 barrels per day in October, marked by Libya’s production surge and Kazakhstan’s reduction. Compliance remains a key challenge for the group.
The Hague's Court of Appeal overturned a historic decision obliging Shell to reduce its CO2 emissions, rejecting the environmental NGOs' appeal, which denounced the multinational's inaction on climate.
The Hague's Court of Appeal overturned a historic decision obliging Shell to reduce its CO2 emissions, rejecting the environmental NGOs' appeal, which denounced the multinational's inaction on climate.
A year after its strategic acquisitions in the Permian Basin, Civitas Resources records a strong increase in productivity and strengthens its positions, notably through innovations in simultaneous fracturing and a production record in Colorado.
A year after its strategic acquisitions in the Permian Basin, Civitas Resources records a strong increase in productivity and strengthens its positions, notably through innovations in simultaneous fracturing and a production record in Colorado.
Facing growing domestic demand, Vietnam's Nghi Son refinery seeks government approval to increase its Kuwaiti oil imports, thereby exceeding its annual tax-free quota.
Facing growing domestic demand, Vietnam's Nghi Son refinery seeks government approval to increase its Kuwaiti oil imports, thereby exceeding its annual tax-free quota.
As Russian and Kazakh refineries resume operations following maintenance periods, the energy market anticipates potential effects on fuel supply. Uncertainty remains around gasoline exports in Russia.
CNOOC Group has announced the start of production for its Long Lake NW project in Canada, which is expected to reach a peak of 8,200 barrels per day in 2025, utilizing SAGD technology.
CNOOC Group has announced the start of production for its Long Lake NW project in Canada, which is expected to reach a peak of 8,200 barrels per day in 2025, utilizing SAGD technology.
A report by Reclaim Finance accuses 20 European banks of promoting oil and gas expansion through significant financing, hindering energy transition goals.
A report by Reclaim Finance accuses 20 European banks of promoting oil and gas expansion through significant financing, hindering energy transition goals.
Saudi Aramco reduces its December official selling prices for crude oil bound for Asia, a move in line with market expectations. Adjustments vary by crude type, with larger cuts for lighter grades.
Saudi Aramco reduces its December official selling prices for crude oil bound for Asia, a move in line with market expectations. Adjustments vary by crude type, with larger cuts for lighter grades.
As oil reserves dwindle, Gabon and Equatorial Guinea vie for control over Mbanie Island, a strategic economic asset. A ruling from the International Court of Justice is expected in 2025.
Saudi oil giant Aramco reports a 15% drop in net profit in the third quarter, driven by falling oil prices and reduced production, adding uncertainty to the global energy market outlook.
Saudi oil giant Aramco reports a 15% drop in net profit in the third quarter, driven by falling oil prices and reduced production, adding uncertainty to the global energy market outlook.
The American group ExxonMobil has finalized the sale of the Fos-sur-Mer refinery to Rhône Energies, a consortium led by Trafigura, marking a step in its strategy to reduce activities in France.
The American group ExxonMobil has finalized the sale of the Fos-sur-Mer refinery to Rhône Energies, a consortium led by Trafigura, marking a step in its strategy to reduce activities in France.
Italian energy giant Eni has finalized the sale of its Alaskan oil fields to American firm Hilcorp for $1 billion, advancing its strategy of refocusing on strategic assets.
Italian energy giant Eni has finalized the sale of its Alaskan oil fields to American firm Hilcorp for $1 billion, advancing its strategy of refocusing on strategic assets.

Advertising