News
15 January 2024

Financing uncertainties loom over East African Crude Oil Pipeline Project

In:
Oil & gas
Region:
Middle East & Africa

Developers of the East African Crude Oil Pipeline (Eacop), set to transport crude from Western Uganda to Tanzania’s port of Tanga for export, are still facing challenges in securing the necessary financing from Chinese lenders.The project, with $2 billion raised from shareholders, seeks an...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
30 July 2026

Price collapse forces tweaks to Spanish merchant solar

Lenders and lawyers are working to reprofile the 2019-22 vintage of Spain's merchant solar projects that closed based on power price curves that have since collapsed. Banks...

Perspective
07 August 2026

The first casualties of Europe’s digital decade

The 'altnets' that challenged Europe’s telecoms incumbents have discovered how fine the margin for error was once interest rates rose and fibre demand fell short. In the UK...