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FID: Uganda To Finally Announce Oil Investment Decision

by CEO Reporter
(Right); H.E Yoweri K. Museveni President of Uganda and (left); H.E Samia. Suluhu, the president of the United Republic of Tanzania sighing the EACOP agreement at State House Entebbe on 11th April 2021. File photo
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Uganda will formally announce the Final Investment Decision (FID) for the construction of a 1,445 km crude oil pipeline and the development of two oil fields today February 1, 2022. The announcement will be made at the historical Kololo Independence Grounds in Kampala. FID is the point in an energy project in which the companies operating the venture sanction its development. France’s Tota

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