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Uganda to become world's newest oil exporter in early 2027

Created at 8 Sep · 4:21 PM1 source↑ Market-relevant
IN SHORT

Uganda is set to join the ranks of crude oil exporters in early 2027, with its Pearl Sweet crude oil to be marketed by Vitol. The oil will be transported via the nearly completed East African Crude Oil Pipeline to Tanzania's coast.

Key Numbers

early 2027Uganda crude oil export start date
0.12%Pearl Sweet crude oil sulfur content
$5 billionEACOP project cost
1,443-kilometerEACOP pipeline length
200,000 barrels per dayExpected peak production
216,000 barrels of crude oil per dayEACOP designed transport capacity
246,000 bpdEACOP ramp-up capacity

Who's Involved

Uganda National Oil Company (UNOC)
Appointed Vitol to market Uganda's crude oil
Vitol
Global energy trader appointed to market Uganda's crude oil
Monica Musenero Masanza
Uganda's Minister for Energy and Mineral Development
TotalEnergies
Developing Tilenga oil fields and leading EACOP project
CNOOC
Developing Kingfisher oil fields
Uganda to become world's newest oil exporter in early 2027

↳ Why This Matters

Uganda's entry into the global oil export market signifies a significant economic development for the landlocked East African nation, potentially boosting its revenue and international trade presence. The completion of the EACOP pipeline is a major infrastructure achievement for the region.

Key facts

  • Uganda is projected to become a crude oil exporter in early 2027.
  • Vitol has been appointed by Uganda National Oil Company to market Uganda's Pearl Sweet crude oil.
  • The East African Crude Oil Pipeline (EACOP), a 1,443-kilometer pipeline, is over 90% complete.
  • The EACOP will transport crude oil from Uganda's Albertine Graben to Tanzania's port of Tanga.
  • Production from the Tilenga and Kingfisher oilfields is expected to reach approximately 200,000 barrels per day.

Uganda is poised to become the world's newest crude oil exporter in early 2027, with officials indicating that the country is nearing its first oil production. The project involves the development of the Tilenga and Kingfisher oil fields by TotalEnergies and CNOOC, respectively. The Uganda National Oil Company (UNOC) has selected global energy trader Vitol to market the nation's Pearl Sweet crude oil ahead of anticipated exports.

Uganda's Minister for Energy and Mineral Development, Monica Musenero Masanza, recently presented Pearl Sweet crude oil to an international audience at the APPEC 2026 conference. This crude, produced from the Tilenga and Kingfisher fields, has a low sulfur content of 0.12% and will be exported via the East African Crude Oil Pipeline (EACOP).

The EACOP, a $5 billion project spanning 1,443 kilometers, is designed to transport crude oil from Uganda's Albertine Graben to the port of Tanga in Tanzania. The pipeline is now over 90% complete, overcoming years of delays and controversies. It is expected to facilitate the export of approximately 200,000 barrels of crude oil per day, with a potential ramp-up to 246,000 bpd.

Frequently asked questions

Uganda is projected to become a crude oil exporter in early 2027.

Uganda's crude oil is named Pearl Sweet.

The East African Crude Oil Pipeline (EACOP) will transport Uganda's crude oil to Tanzania's coast.

Production from the Tilenga and Kingfisher oilfields is expected to peak at around 200,000 barrels per day.

What Happens Next

01Uganda expects to begin crude oil exports in early 2027.
02Vitol will commence marketing Uganda's Pearl Sweet crude oil.
CME Headlines
  • Crude oil hits eight-week high.
    8 Sep · 3:17 PM
  • Crude oil hits eight-week high.
    8 Sep · 3:17 PM
  • Crude oil hits eight-week high.
    8 Sep · 3:17 PM

How It Developed

Uganda is set to become a crude oil exporter in early 2027.
Uganda National Oil Company appointed Vitol to market its Pearl Sweet crude oil.
Uganda's Minister for Energy and Mineral Development presented Pearl Sweet crude oil at the APPEC 2026 conference.
The East African Crude Oil Pipeline (EACOP), designed to transport crude from Uganda to Tanzania, is over 90% complete.
Production from the Tilenga and Kingfisher oilfields is expected to peak at around 200,000 barrels per day.

Sources

T1
Uganda Set to Become World's Newest Oil Exporter in Early 2027OilPrice.com

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