Ugandan environmentalists demand banks halt new funding for oil project

Erasmo Mischke 29/03/2025 14:24

Kampala (AFP) Mar 27, 2025 The East African Crude Oil Pipeline project (EACOP) announced it had secured the first part of financing to move crude from Uganda to a Tanzanian port, prompting environmentalists on Thursday to call on banks to withdraw their support. French giant TotalEnergies and the China National Offshore Oil Corporation (CNOOC) are

IndoDaily
Kampala (AFP) Mar 27, 2025

The East African Crude Oil Pipeline project (EACOP) announced it had secured the first part of financing to move crude from Uganda to a Tanzanian port, prompting environmentalists on Thursday to call on banks to withdraw their support.

French giant TotalEnergies and the China National Offshore Oil Corporation (CNOOC) are pushing ahead with a 1,443-kilometre (900-mile) heated pipeline from th…
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