Tanzania: Museveni Backs Dangote Oil Refinery in Tanzania

Uganda's Museveni proposes using crude oil as equity for a mega refinery in Tanga, Tanzania, backed by Dangote, to cut Africa's fuel imports. | Contesto: cronaca

Punti chiave

• Tanzania: Museveni Backs Dangote Oil Refinery in Tanzania

Contesto

President Yoweri Museveni of Uganda has signaled a major shift in regional energy strategy, suggesting that Uganda could contribute its crude oil as equity toward the construction of a mega refinery in Tanga, Tanzania. The proposal, which aligns with broader African efforts to reduce reliance on imported petroleum, was made during discussions that also involve Nigerian billionaire Aliko Dangote, whose conglomerate is already building a massive refinery in Nigeria. If realized, the Tanga refinery would become a cornerstone of East African energy independence, processing crude from Uganda’s emerging oil fields and potentially from other regional producers. The plan, as outlined by Museveni, would see Uganda’s crude oil—expected to flow once the long-delayed East African Crude Oil Pipeline (EACOP) is completed—used as a form of payment or stake in the refinery project. This approach mirrors Dangote’s model in Nigeria, where his 650,000-barrel-per-day refinery is designed to end the country’s dependence on imported fuel. However, the Tanga project faces significant hurdles, including financing, infrastructure, and the need for coordinated policy across multiple East African nations. Museveni’s backing adds political weight, but the refinery’s viability depends on securing investment and overcoming environmental and logistical challenges. The proposed location in Tanga, a coastal city in northern Tanzania, offers strategic advantages. It sits near the Indian Ocean, providing easy access for tanker shipments and a potential export hub for refined products to landlocked neighbors like Uganda, Rwanda, Burundi, and the Democratic Republic of Congo. Currently, these countries rely heavily on imported fuel from the Middle East and Asia, which passes through the port of Dar es Salaam or Mombasa, Kenya. A regional refinery could stabilize supply, reduce transport costs, and create thousands of jobs, but it also risks duplicating capacity if other planned refineries in the region move forward. Critics note that Africa’s track record with large-scale refineries is mixed. The Dangote refinery in Nigeria, despite its scale, has faced delays and cost overruns, and many...

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Categoria: cronaca