While a lot continues to be said about the oil that Uganda is yet to drill, little has been said about the potential of the Natural Gas Reserves that lie with the 3.5 million barrels of oil in the Albertine Region. It has been reported that for now, the Uganda government plans to use
Kenyan government to close East Africa’s only refinery before end of year
East Africa is on the verge of losing its only oil refinery, the Kenya Petroleum Refinery Ltd which faces eminent closure after the Kenyan government has considered plans to modernize it as untenable. The Kenya Energy Ministry says modernizing East Africa’s only crude oil processing facility is currently costing the economy Sh5 billion a
Uganda to earn $50 Billion from discovered oil reserves
Uganda’s government should expect to earn $50 billion on behalf of its 35 million strong population from reserves already discovered over the lifetime of the oil fields, Tullow said – almost three years’ worth of its $17 billion gross domestic product (GDP). Asked where the oil money might go, the Commissioner for Uganda’s Petroleum
What drove government to consider Kabale as the ultimate site location for Uganda’s Oil Refinery
In the pursuit of the most suitable site location for an Oil Refinery we are told that Foster Wheeler the major researcher behind the efficacy of an Oil Refinery in Uganda evaluated three regions and identified six potential sites for the refinery as a result. The six sites that the Foster Wheeler report identified