NEEC,TPSF take advantage opportunities in crude oil pipeline project

13Feb 2018
The Guardian Reporter
The Guardian
NEEC,TPSF take advantage opportunities in crude oil pipeline project

THE National Economic Empowerment Council (NEEC) in collaboration with Tanzania Private Sector Foundation (TPSF) have organised a conference that intends to grill Tanzanians in the opportunities found on the Uganda-Tanzania oil pipeline project.

NEEC executive secretary, Beng’i Issa.

Slated for February 23, this year, the conference is set to bring on board stakeholders from public and private sectors to discuss how locals could unleash economic opportunities from the pipeline project.

Addressing reporters yesterday in Dar es Salaam, NEEC executive secretary, Beng’i Issa said that it was high time for Tanzanians to unleash their production energy and creativeness so as to grab the opportunities for the country’s development.

“We are urging for Tanzanians to register for this conference through our website. We want the private sector to make business out of this project and that is why we are inviting them to the meeting,” she said.

During the meeting, she said, participants will also get an opportunity to receive the baseline survey which was conducted by the government on opportunities that come with the project.

For his part, TPSF executive director, Godfrey Simbeye said the crude oil pipeline project offers huge business opportunities for the private sector in areas of transportation and other construction materials among others.

He also urged people from the private sector to participate in the conference for them to be well fed on the information, opportunities found in the project.

 “Efforts now are directed towards promoting understanding of the progress made and the local content opportunities available in the oil and gas sector in Tanzania. We are looking at empowering and building capacities for the private Sector to grab the opportunities,” he asserted.

According to him, one of the best approaches is to consider having nationwide awareness debates that will be invaluable in informing and educating the public about developments in the sector, that include opportunities, preparing entrepreneurs to participate in the oil and gas sector.

The Energy and Water Utilities Regulatory Authority (Ewura) senior local content officer, Kenneth Kaganga called upon companies interested to grab opportunities in the project to register so that they could be included in database.

 

According to him, the regulator has already announced ways through which companies interested in the project would register.

“During the forthcoming conference, Ewura will educate the participants on local content provisions in the Petroleum Act 2015, for them to understand deeper on how they could legally grab the opportunities,” he said

In August, last year, president John Magufuli and his Ugandan counterpart, Yoweri Museveni laid a foundation stone for the construction commencement as is set to produce over 10,000 direct jobs and over 30,000 indirect jobs.

The pipeline, estimated to cost $3.55 billion, will transport Uganda’s crude oil from Kabaale, in the western Hoima District, to Chongoleani peninsula, near Tanga port in Tanzania.

According to the project report, the 24-inch diameter pipeline will move 216,000 barrels of oil per day.

There will be related facilities such as coating plants and pipe storage yards, access roads, burrow pits, hydro-test dams, a marine terminal and a jetty.