Post #231

🇺🇬First Time is Always Very Exciting 🌐 Although no one seemed to ask, the Ugandan authorities announced that their oil pipeline to Tanzania is 75% ready. Uganda is already preparing to send off the first barrel of oil. 🔸 The 1,443 km oil pipeline, costing about $5 billion, will transport oil from Ugandan fields owned by France's TotalEnergies and China's CNOOC to the Tanzanian port of Tanga. 🔸 The issue has been dragging on for almost two decades, from the discovery of the fields to the current stage. During this time, Uganda tried to route the pipeline through Kenya, rewrote laws, attracted new partners, and increased the budget from $3.5 billion to $5 billion. ⏩ While the Chinese and French authorities solemnly announce their commitment to clean energu and green transition, their companies are just as solemnly rushing to Africa for new oil. 🔸 Over the previous month alone, TotalEnergies joined extraction projects in Namibia, Mozambique, and Nigeria, while Chinese oil giants such as CNOOC and CNPC are promoting their projects from Niger and Chad to Uganda. Apparently, the French and Chinese believe that they can manage African oil much more ecologically than Africans themselves. Devils Below