What is the East African crude oil pipeline project (eacop)?
The East African Crude Oil Pipeline Project (EACOP) is a pipeline that will transport oil produced from Uganda¡¯s Lake Albert oilfields to the port of Tanga in Tanzania where the oil will then be sold onwards to world markets.
Is Tanzania a net importer of petroleum products?
BACKGROUND Tanzania is a net importer of petroleum products. Petroleum products supply in Tanzania has been conducted through a Bulk Procurement System (BPS) since 2011. Under the BPS, purchases of petroleum products are made from a pool of imports obtained from suppliers selected through a competitive bidding process.
Where does Tanzania import refined petroleum?
Tanzania imports Refined Petroleum primarily from: India , United Arab Emirates , Saudi Arabia , Switzerland , and Oman. The fastest growing import markets in Refined Petroleum for Tanzania between 2017 and 2018 were India ($278M), United Arab Emirates ($251M), and Saudi Arabia ($40.1M). See Figure 1 below.
How has Tanzania transformed its bulk procurement system for petroleum products?
Tanzania has transformed its bulk procurement system for petroleum products into a single product tendering system. Tanzania introduced the Bulk Procurement System (BPS) in January 2012, establishing a database on consumption trends in a bid to get the best price on the world market and guarantee quality of imported products.
