EA tensions are a notch down, so here come the petrodollars
Total Energies CEO Patrick Pouyanné 9second left) and Rwandan President Paul Kagame (second right) with other officials at Urugwiro Village in Kigali, Rwanda, on January 30, 2022. PHOTO | COURTESY
It was a very busy few days for French oil and gas giant TotalEnergies on the eastern flank of Africa. In Kampala, it signed a deal for the long-awaited Final Investment Decision (FID) for the 1,443km Uganda-Tanzania crude oil pipeline to the Tanzanian port of Tanga, and Kingfisher and Tilenga oil projects in the Lake Albert region.
There was also something about developing renewable energy.
