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Tag Archives: Albertine Graben

Gov’t withdraws UGX386Bn loan request for oil roads

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has withdrawn from parliament a loan proposal of 386 Billion Shillings that was meant to finance the upgrading of oil roads in the Albertine graben. The roads include the 54-kilometre Masindi-Biiso road, 25 kilometres of Hohwa-Nyairongo-Kyarushesha-Butole road, and 25.7 kilometres of …

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Gov’t seeks to borrow UGX386Bn for oil roads

Kampala, Uganda | THE INDEPENDENT | The government has tabled before parliament a proposal to borrow 386 Billion Shillings for the upgrading of oil roads in the Albertine graben. The roads include the 54-kilometre Masindi-Biiso road, 25 kilometres of Hohwa-Nyairongo-Kyarushesha-Butole road, and 25.7 kilometres of Kabaale-Kiziranfumbi road. Government Chief Whip Thomas Tayebwa …

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Theft of materials slowing progress on critical oil roads – Kagina

Kampala, Uganda | THE INDEPENDENT | The massive theft of road construction materials is slowing progress on the oil roads in the Albertine graben, according to the Executive Director of the Uganda National Roads Authority-UNRA, Allen Kagina. The earmarked oil roads measure 97 kilometres in Hoima, Buliisa, Masindi and Kikuube districts. …

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Inside Total’s 43 month journey to Uganda first oil

Kampala, Uganda | THE INDEPENDENT | Total E&P Uganda says it expects the first oil to be out of Uganda’s Albertine graben within 43 months effective from mid-May this year. Total Energies Uganda upstream project representative, Edirisa Kwizera is hopeful that unlike the past, the timeline to Uganda’s first oil will …

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Second oil licensing targets previously abandoned blocks

Kampala, Uganda | THE INDEPENDENT | New companies intending to invest in the exploration of Uganda’s oil and gas industry starting next year, have embarked on the tour of the oil fields that the government has put up on the market. The four companies shortlisted for the final round of the …

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Chinese Road Construction firm losing UGX 162M in fuel theft

Unscrupulous individuals are conniving with truck drivers to siphon fuel from trucks Kampala, Uganda | THE INDEPENDENT | The China Railway Seventh Group Company limited which is undertaking major construction works in the Albertine graben is losing 162 million shillings per month due to fuel theft. The firm was contracted by the …

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Government approves UGX 2 Trillion Tullow farm-out deal

Kampala, Uganda | THE INDEPENDENT | Government has finally allowed Tullow to sell all its stake in Uganda’s oil and gas sector to French oil giant Total E&P. Tullow in a statement on Wednesday announced that the Ministry of Energy and Uganda Revenue Authority approved the deal valued at $575 million …

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