Business leaders that are keeping an eye on Uganda’s emerging oil and gas industry particularly the 1444km long East African Crude Oil Pipeline (EACOP) project will on 25th November this year convene in Tanzania’s capital Dar es Salaam to lookout out for opportunities and showcase their services they can render towards the realization of Uganda’s first oil.
The Tanzania- Uganda Oil & Gas symposium is being organized by Private Sector Foundation Uganda (PSFU) together with Tanzania Private Sector Foundation (TPSF) in partnership with The Ministry of Foreign Affairs through its Uganda High Commission in Tanzania.
The one day symposium will be held under theme “Enhancing Private Sector Participation in the Oil & Gas Sector” and will provide a platform for the public and private sector members of the two countries to network, understand industry opportunities and challenges.
They will also the high level symposium to showcase their capacities through experience-sharing, identify key strategies that can enable partnerships and joint ventures and interact with public sector actors on legal and policy matters that govern the industry, in both Uganda and Tanzania.
Elly Karuhanga, Chairman, Private Sector Foundation Uganda, speaking at a press conference to launch the symposium, said communication is vital to bring local companies up to speed with what is required of them to participate in this oil & gas sector.
The Ugandan High Commissioner to Tanzania, Ambassador Richard Kabonero said the symposium will promote cooperation between the two countries to facilitate business within the oil & gas sector.
The High Commissioner of the United Republic of Tanzania to Uganda, H.E Ambassador Aziz P. Mlima, said his government is ready to work with different stakeholders to make the EACOP project a reality to local communities as well as private sectors.
“The Joint Businesss forum between our two countries focusing on Oil and Gas will be the appropriate vehicle to bring the two private sectors to establish contacts and work together towards achieving common goals,” the ambassador said.
The symposium will be a hybrid event to ensure observation of the COVID 19 standard operating procedures of those physically present in Dar-es-Salaam while also accommodating other participants virtually.
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