TotalEnergies’ Tanzania pipeline project cost climbs to $5.6B – report

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TotalEnergies’ Tanzania pipeline project cost climbs to $5.6B – report

7:20 CAT | 29 Jul 2025

FILE - For illustration purposes only. [File photo: TotalEnergies]

The total cost of the planned TotalEnergies-led East African crude oil pipeline to carry crude from Uganda to Tanzania’s coast has ballooned to more than $5.6B, UpstreamOnline.com reported Tuesday, citing a top Tanzania government official.

The 1,443 km pipeline will transport as much as 216K bbl/day of oil from TotalEnergies’multi-field Tilenga asset and CNOOC’s Kingfisher field in Uganda to the Tanzanian port of Tanga.

The EACOP project has caused controversy due to land, climate and environmental issues; when a final investment decision was taken on the project in February 2022, its cost was estimated at ~$3.5B and it was due online in 2025.

“The construction of EACOP… is currently at 65% and will cost… $5.65 billion,” adding that “the project is expected to be completed in July 2026,” according to James Mataragio, Tanzania’s deputy permanent secretary in the Ministry of Energy.

The official also said construction of the pipeline is ongoing, and “the Ministry of Energy is responsible for managing the interests of the government… and we are satisfied with the progress of the project implementation.”

TotalEnergies owns a 62% stake in EACOP, CNOOC holds 8%, and state-owned players Tanzania Petroleum Development Corporation and Uganda National Oil Company each own 15% stakes.

Source: Seeking Alpha