The tripartite Memorandum of Understanding (MOU) was signed with the Zanzibar Petroleum Regulatory Authority (ZPRA) and the Petroleum Upstream Regulatory Authority (PURA) of Tanzania in a ceremony held at the PAU headquarters in Entebbe Uganda.
Halfani R. Halfani, Board Chair for PURA (L),Lynda Biribwona, PAU Board Chairperson,(C),Muhammed S. Said
The Petroleum Authority of Uganda (PAU) has the signing a memorandum
of Understanding (MOU) with Tanzania and Zanzibar to foster cooperation in oil
and energy.
The tripartite Memorandum of Understanding (MOU) was signed with the
Zanzibar Petroleum Regulatory Authority (ZPRA) and the Petroleum Upstream
Regulatory Authority (PURA) of Tanzania in a ceremony held at 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
region is one of the most prolific frontier areas for Oil and Gas exploration
and development".
She noted that collaboration among regulators is "paramount to
leverage on the existing expertise and resources", given the sector's specialised,
technologically driven, and capital-intensive nature.
As Biribonwa concluded, "Together, let us chart a
transformative path forward for the petroleum industry in East Africa".
The MOU according to a PAU statement outlines cooperation in
critical areas such as petroleum resource management, cost monitoring and
management, health, safety, and environment, national content development, and
capacity building and knowledge exchange.
Biribonwa expressed her pleasure in signing the MOU, stating,
"I am happy that we can sign this MoU and take forward these areas of
cooperation for the mutual benefit of our countries and sister institutions.”
Uganda already signed a number of agreements with Tanzania who
territory will host the longest part of the East African Crude Oil Pipeline being
constructed in the two countries. Tanzania also has a stake in the EACOP
pipeline that will transport Uganda’s Crude oil from the Albertine to the international
market.
Board Chair at the Petroleum Upstream Regulatory Authority (PURA),
Halfani R. Halfani, reflected on the long-standing informal relationship
between Uganda and Tanzania in oil and gas, emphasising the need to "formalise
it so that it becomes sustainable.
“This MoU will facilitate sharing best practices, so that the region
can maintain the capability to bring in investment in the region,” he added
shortly after signing the agreement.
The Managing Director of Zanzibar Petroleum Regulatory Authority
(ZPRA, Muhammed S. underscored the collective benefit of the
partnership. He explained that by "putting all of our resources together,
we can all learn from each other and see how we take the industry forward for
the benefit of all."
Director General of PURA, Charles J. Sangweni explained that
discussions for this tripartite MOU began about a year ago.
He anticipates that the MOU "will strengthen our bonds"
and highlight "pertinent issues regarding exchanging of data and exchanging
experience through capacity building of our technical team."
Sangweni also expressed optimism for broader regional cooperation,
including potential future agreements with other East African nations, starting
with Kenya.
The collaboration cemented by this MOU is expected to foster shared
growth and expertise, aligning with the regional proverb, "Umoja ni
nguvu" – unity is strength.
The visiting delegation will also tour Uganda’s oil and gas
operational areas in the Albertine Graben, gaining insight into the progress as
Uganda prepares for First Oil.