The Tanzania Private Sector Foundation (TPSF) and the Private Sector Foundation Uganda (PSFU) are organizing the first joint Oil and Gas Conference scheduled for 25th November 2021 in Dar es Salaam.
Dubbed Tanzania – Uganda Oil and Gas Symposium (TUOG) the event will assemble stakeholders from Tanzania and Uganda to strategize on the involvement of the private sector of the two countries in the execution of the East African Crude Oil Pipeline (EACOP) project.
It is expected that the 1,443km crude oil export pipeline that will transport Uganda’s crude oil from Kabaale to Tanga in Tanzania will bring massive opportunities for the Private Sector.
These opportunities include; transportation, securities, food and beverage, hotel accommodation and catering, Human Resource Management, office supplies, Civil works, Finance, the supply of construction materials and many more services.
The project has also reserved contracts for locals including fuel supply, land surveying, clearing and forwarding, crane hire, locally available construction materials, civil works, environmental studies and impact assessment and ICT services.
Speaking ahead of the event, TPSF Executive Director, Francis Nanai said that in order to ensure that locals are well prepared to tap the benefits availed by the strategic project, TPSF and PSFU found it important to organize the Tanzania – Uganda Oil and Gas Symposium.
Nanai said that the symposium will provide a platform for the private sector of the two countries to network, understand the industry opportunities and challenges, discuss areas of cooperation and showcase their capacities through experience –sharing, and interact with public sector actors on legal and policy matters that govern the industry, in both Uganda and Tanzania.
The oil symposium is organized with support from the Ministry of Foreign Affairs through its Uganda High Commission in Tanzania and the Ministry of Energy in Tanzania.
The theme of the symposium is “Enhancing Private Sector Participation in the Oil & Gas Sector.”
Uganda’s High Commissioner to the United Republic of Tanzania, Richard Kabonero said that Tanzania and Uganda enjoy a long-standing, deep, historical diplomatic and economic relationship for several decades that has been strengthened by recent developments in the oil & gas industry, principally the East African Crude Oil Pipeline (EACOP) project.
