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
Uganda Oil Refinery Construction contractor to discuss detail of the project at Oil and gas summit
Russian multinational RT Global Resources is discussing details of its role in the Uganda Refinery construction project in the coming Uganda International oil and gas summit in Kampala, the organizer confirmed. “RT Global will discuss its role in building and operating Uganda’s $2.5 billion crude oil refinery, which will process hydrocarbon reserves situated along its