Entebbe, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) has the signing a memorandum of Working out (MOU) with Tanzania and Zanzibar to foster cooperation in oil and energy.
The tripartite Memorandum of Working out (MOU) became signed with the Zanzibar Petroleum Regulatory Authority (ZPRA) and the Petroleum Upstream Regulatory Authority (PURA) of Tanzania in a ceremony held on the PAU headquarters in Entebbe Uganda.
Chairperson of the Board of Directors at PAU, Lynda Biribonwa highlighted the importance of regional cooperation, emphasising that “the East African plan is one among presumably the most prolific frontier areas for Oil and Gasoline exploration and pattern”.
She renowned that collaboration amongst regulators is “paramount to leverage on the reward skills and resources”, given the field’s specialised, technologically pushed, and capital-intensive nature. As Biribonwa concluded, “Collectively, let us chart a transformative path forward for the petroleum industry in East Africa”.
The MOU per a PAU statement outlines cooperation in serious areas comparable to petroleum handy resource management, price monitoring and management, health, safety, and atmosphere, national sigh material pattern, and skill constructing and data alternate.
Biribonwa expressed her pleasure in signing the MOU, pointing out, “I’m cheerful that we are able to tag this MoU and snatch forward these areas of cooperation for the mutual motivate of our worldwide locations and sister establishments.”
Uganda already signed a assortment of agreements with Tanzania who territory will host the longest piece of the East African Crude Oil Pipeline being constructed within the two worldwide locations. Tanzania also has a stake within the EACOP pipeline that will transport Uganda’s Crude oil from the Albertine to the worldwide market.
Board Chair on the Petroleum Upstream Regulatory Authority (PURA), Halfani R. Halfani, reflected on the long-standing informal relationship between Uganda and Tanzania in oil and gasoline, emphasising the must “formalise it so that it turns into sustainable.
“This MoU will facilitate sharing supreme practices, so that the plan can protect the functionality to herald investment within the plan,” he added rapidly after signing the agreement.
The Managing Director of Zanzibar Petroleum Regulatory Authority (ZPRA, Muhammed S. underscored the collective motivate of the partnership. He explained that by “inserting all of our resources together, we are able to all learn from every assorted and imagine how we snatch the industry forward for the motivate of all.”
Director Frequent of PURA, Charles J. Sangweni explained that discussions for this tripartite MOU started just a few one year ago.
He anticipates that the MOU “will pink meat up our bonds” and highlight “pertinent issues referring to exchanging of files and exchanging skills by skill constructing of our technical team.”
Sangweni also expressed optimism for broader regional cooperation, including capability future agreements with assorted East African worldwide locations, beginning with Kenya.
The collaboration cemented by this MOU is predicted to foster shared boom and skills, aligning with the regional proverb, “Umoja ni nguvu” – team spirit is energy. The visiting delegation will also tour Uganda’s oil and gasoline operational areas within the Albertine Graben, gaining perception into the development as Uganda prepares for First Oil.
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