EACOP: Uganda to earn more revenue as equity increases

Magara said an increase in equity financing implies that the country and its shareholders in the EACOP project will not have to recoup the interest payments associated with loans. 

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Staff from the East African Crude Oil Pipeline (EACOP) company inspecting the Kingfi sher feeder pipeline in Kikuube district. This key infrastructure connects the Kingfisher oilfield to the main EACOP route, reinforcing Uganda’s commitment to first oil production by 2025.