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Tag Archives: FID

EACOP Final Investment Decision expected in September

Kampala, Uganda | THE INDEPENDENT | The Final Investment Decision (FID) for the East African Crude oil project is expected before the end of September 2024 according to Energy Minister, Ruth Nankabirwa. Three billion dollars in debt financing is required for the financial close of the five billion dollar pipeline that …

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FID on Uganda refinery due by June

Kampala, Uganda |  THE INDEPENDENT | The Final Investment Decision for Uganda’s Oil and Gas refinery project is set for June, this is according to the Ministry of Energy and Mineral Development. The refinery was one of the three projects mooted more than a decade ago, but little has been said …

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IN THE INDEPENDENT: The $10billion Uganda oil project

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY TotalEnergies, CNOOC sign off US$10bn Uganda oil project: First oil expected in 2025 THE LAST WORD America’s reckless bullying: How Washington’s disregard of Russia’s security concerns risks war over a misguided obsession with …

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