Uganda Set to Become World's Newest Oil Exporter in Early 2027

Uganda has tapped Vitol to market its new Pearl Sweet crude as the EACOP pipeline nears completion, setting up first oil exports in early 2027. 1 day4 daysOil Prices Climb Toward $100 as Middle East Peace Hopes Fade The global list of crude oil exporters will expand with Uganda early next year as the African country is moving closer to first oil from a project whose crude will flow through a new pipeline to Tanzania's coast. Landlocked Uganda, where France's supermajor TotalEnergies and China's CNOOC have been developing the Tilenga and Kingfisher oil fields, will become a crude oil exporter in early 2027, the country's officials say. Uganda's Minister for Energy and Mineral Development, Monica Musenero Masanza, presented Uganda's Pearl Sweet crude oil to an international audience of refiners, traders, investors, and petroleum industry leaders at the APPEC 2026 conference on Tuesday, UNOC Pearl Sweet, produced from the Tilenga and Kingfisher oil fields has a low sulfur content of 0.12%, and will be exported through the East African Crude Oil Pipeline , which is now more than 90% complete, the Ugandan national oil company said. , which will transport crude from Uganda's Albertine Graben to Tanzania's port of Tanga, is nearly complete, after years of delays and controversies surrounding the project. The development of EACOP is being led by TotalEnergies. The 1,443-kilometer pipeline will enable Uganda to export its oil for the first time. Production from the Albertine Rift Basin, where TotalEnergies and China's CNOOC are developing the Tilenga and Kingfisher oilfields, is expected to peak at around 200,000 barrels per day . The oil pipeline is expected to bring crude from the Lake Albert project in Uganda to the international oil market. It is designed to transport 216,000 barrels of crude oil per day, with a ramp-up of up to 246,000 bpd, Uganda says.to your account to post your comment, or enter a different email address to continue with your comment & account creation. Please understand that, by submitting this form, you will be creating a free OilPrice.com account, and therefore agree to abide by our. Your details will be stored in our database and shared with our third party mailing list provider. You will be sent an email containing a link that will ask you to generate a new password - please follow the link to complete your OilPrice account activation. We will save the information entered above in our website. Your comment will then await moderation from one of our team. If approved, your data will then be publically viewable on this article. Please confirm you understand and are happy with this and ourby ticking this box. You can withdraw your consent, or ask us to give you a copy of the information we have stored, at any time byOracle's $165 Billion Data Center Plan Hits a Gas Pipeline DelayBy signing up to our newsletter, you agree for your email address to be shared with our third party mail providers. The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.