The East African Crude Oil Pipeline Project (EACOP) project faces fresh hurdles in its implementation with several insurance companies refusing to provide insurance to it. According to a report by the Monitor, a total of 28 insurance firms have declined to provide insurance following pressure from climate activists. In a recent statement, Uganda’s Energy Minister, Ruth Nankabirwa, reaffirmed the country’s commitment to maximise its oil and gas reserves sustainably. This came following concerns that its current projects will fall victim to overexploitation. She affirmed that the country has an Energy Transition Plan, and that it plans for an oil and gas “boom” for 2025.
