Oil firms including China’s Sinopec have expressed an interest in developing Uganda’s planned oil refinery and an investor for the project will be selected by February 2017, a top government official said. Uganda which discovered oil fields in 2006 but has yet to start production, began trying to secure a private investor for the project
Tanzania Estimates 8% Stake in Uganda Oil Refinery Would Cost $150.4 Million and is Ready to Invest
Tanzania has confirmed it is looking to owning about 8 percent stake or more in Uganda’s proposed 60,000 barrels per day refinery project. On addition to the Crude Oil Export Pipeline, proposed to run from Uganda Oil-rich Albertine graben to Tanzanian Northeastern Port of Tanga, the deal positions Tanzania as the leading regional partner in
Project in Doubt; Lead Investor of Uganda Oil Refinery RT Global Withdraws from Deal at Negotiation Stage
The Lead investor of the Uganda oil refinery project, Russian firm RT Global Resources has opted out of the deal during the negotiation process. RT Global resources was announced the preferred bidder for financing and construction of the $4 billion facility in Hoima in February 2015. The consortium of companies that won the contract to
Kenyatta wants Plan to transport Crude Oil by road Finalized by end of January, Oil expected at Port by September 2016
Kenya President Uhuru Kenyatta has given a ‘State House team’ until the end of January to work out on the logistics of transporting the crude oil from the oil fields in the Turkana region to the sea-port according to latest Reports. A source quoted by The East African newspaper, said the team has been asked
NEWPLAN, The Ugandan firm involved in the Feasibility study for the Oil refinery Airport and Finished Oil Product pipeline
NEWPLAN Limited is a Uganda based multi discipline engineering firm providing professional consulting services to both the public and private sectors within the East and Central African region. NEWPLAN provides consultancy services for the entire project life to a broad range of sectors including: Energy, Roads, Highways and Transportation Engineering, Architecture and Building Services, Environment
Taylor-DeJongh, The U.S-based Firm which advice Government Of Uganda on Oil Refinery Development Project
The Government of Uganda (GoU) hired U.S.-based investment firm Taylor-DeJongh to advise on the construction of a $2 billion oil refinery. The firm won the contract in February 2015, to advise on the selection of a lead investor for the refinery, sourcing for financing and formation of a refining company. Below is it’s profile Taylor-DeJongh
So Kenya bought a 2.5% stake in Uganda’s Oil refinery but why really?
Kenya bought 2.5% stake in Uganda’s Oil Refinery and that is supposed to be good news. Indeed it is good news. Actually, Kenya’s decision to get a stake in Uganda’s Oil Refinery, a couple of weeks after RT Global Resources was selected to construct the refinery goes against the notion that Kenya would oppose Uganda’s
Brian Sallery on the future and potential of Uganda’s Oil and Gas Industry
Brian Sallery is an expert in the Oil and Gas Sector. He is an adviser to the Uganda National Bureau of Standards on Health and Safety Policies in Uganda’s Oil and Gas sector. He has worked with Statoil, written a column on Uganda’s Oil and Gas sector in the East African Business Week and is
Zambia picks interest in Uganda’s oil refinery
Zambia wants more information about Uganda’s plans to build a 60,000-bpd oil refinery that’s already attracted interest from four regional neighbors. The southern African country “has asked for more information” about the plant, Ugandan Energy Minister Irene Muloni says. Kenya, Tanzania, Rwanda and Burundi have expressed interest, she says. “Each of the countries will be offered
Refinery site residents abandon farming as they await oil compensation money
In this little-known village of Kyapaloni, we have just arrived in the trading centre and the boys or should we say the young men are playing cards. It‘s few minutes past noon, people should be somewhere in the garden digging but who cares about digging any more, not in this village. Kyapaloni is a village