Comments for Tullow, Heritage face tough choices on Uganda oil at http://www.independent.co.ug , comment 1 to 5 out of 5 comments http://www.independent.co.ug Wed, 08 Feb 2012 16:00:45 +0100 FeedCreator 1.7.3 http://www.independent.co.ug/business/business-news/1052-tullow-heritage-face-tough-choices-on-uganda-oil#comment-32145 Nice post. This post is different from what I read on most blog. And it have so many valuable things to learn. Thank you for your sharing! - Drilling Chemicals Tue, 26 Oct 2010 05:21:02 +0100 http://www.independent.co.ug/business/business-news/1052-tullow-heritage-face-tough-choices-on-uganda-oil#comment-29080 This is very interesting topic i enjoyed reading... - chemical engineering Tue, 10 Aug 2010 05:00:36 +0100 http://www.independent.co.ug/business/business-news/1052-tullow-heritage-face-tough-choices-on-uganda-oil#comment-15611 Let's face the bitter truth. The location of our oil reserves is not suitable for serious export of oil. It is deep in the great lakes. In addition the amounts to be pumped per day are just in thousands of barrels. The truth is that there are undeveloped oil reserves in the world with far much more potential and quanties than our Uganda. So it will take ages for any seroious companies to pick interest in our oil. In my opinion, the most practical solution would be a small refinery for the region supplies. This can only guarantee energy security for the country, not suitable for export and with the reserves we have, we can kiss export good bye. And remember small refineries are expensive to operate, hence expect no good oil prices at the pump station just because your country produced it. - Kimuli Tue, 16 Jun 2009 09:15:08 +0100 http://www.independent.co.ug/business/business-news/1052-tullow-heritage-face-tough-choices-on-uganda-oil#comment-15544 Tullow and Heritage Oils have done their part in involving the local people in the Oil project, and a thank you for the courage and good work. The government needs to come outrightly clear on main issues like the refinery which should be built in Uganda not elsewhere, not matter how many years or how much it would cost such a project.If determined in that line,the govt should lay master/ strategic plans to get loans for infrastructure devt and pay it back through the oil proceeds. The proceeds can be shared on agreed terms after selling a complete product rather than halfbaked product where bargains are unlikely to be met by the tripartite.We are tired of paying debts.When shall we stop?Secondly, the issue of revenue and transparency/accountability to Ugandans.Any hidden motive by anyone in this deal may turn up highly inflammable like the rich mineral itself and the consequences would not be good for the future citizens of Uganda.Uganda needs the Dollar Renvenue Direct into its coffers.For those who know the conflict in Niger Delta in Nigeria there is a lesson to learn.Angola has tried to manage and maintain its production quite well. - Russo Thu, 11 Jun 2009 12:11:13 +0100 http://www.independent.co.ug/business/business-news/1052-tullow-heritage-face-tough-choices-on-uganda-oil#comment-15525 Someone one is not happy with the oil thing , or the deal with it , it could be m7 wants more than Bunyoro can acccpet , its smells bad anyway why cant Uganda be the first to benefit from oil ? - openda Wed, 10 Jun 2009 17:30:26 +0100