Company Response
China International Capital Corporation has not responded to
Timeline
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Tanzania & Uganda: Fifteen banks have ruled out financing the East African Crude Oil Pipeline but several major lenders remain silent
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Response by banks to campaign urging them not to finance EACOP
The StopEACOP campaign has written to banks that may be approached to finance EACOP urging them not to. The responses and non-responses are included.
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NGOs urge Banks not to finance East Africa Crude Oil Pipeline
263 civil society organisations (CSOs) have urged banks not to participate in a $2.5 billion project finance loan for the construction of the East African Crude Oil Pipeline (EACOP) project.
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Agriculture Bank of China did not respond to EACOP campaign
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China International Capital Company did not respond to EACOP campaign
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Bank of China did not respond to EACOP campaign
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ICBC did not respond to EACOP campaign
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China Construction Bank did not respond to EACOP campaign
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Bank of America did not respond to alleged link to EACOP project
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Goldman Sachs did not respond to alleged link to EACOP project
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Mitsubishi UFJ Financial Group responds to alleged link to EACOP project
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Sumitomo Mitsui Financial Group responds to alleged link to EACOP project
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NGOs urge banks not to finance East African Crude Oil Pipeline citing environmental & social concerns
263 non-governmental organisations have urged 25 banks listed as potential financiers of the $3.5 billion development not to participate in the East African Crude Oil Pipeline (Eacop) project citing environmental and social risks.
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Standard Bank suspends role in East African Crude Oil Pipeline pending environmental and social impact study
South Africa’s Standard Bank, which was to have been a financier of the $3.5bn East African Crude Oil Pipeline (Eacop), has announced that it is suspending support while it waits for the outcome of an environmental and social impact study.
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CNOOC did not respond
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Industrial and Commercial Bank of China did not respond
Industrial and Commercial Bank of China did not respond
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