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Tag Archives: oil production

Gov’t pushes final investment decision for oil production to September

Kampala, Uganda | THE INDEPENDENT | Government has pushed the Final Investment Decision (FID) for commercial oil production to September 2019. Speaking during the budget presentation on Thursday, Finance and Economics Development Minister, Matia Kasaija said, “Preparation for commercialization of oil and gas resources continued this year. The lead investor for …

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Oil delay a blessing in disguise – NPA

Kampala, Uganda | THE INDEPENDENT | The National Planning Authority (NPA) is positive that the delay in Uganda’s oil production is a blessing in disguise. The authority says that the delay will give the country time to prepare and organize its industry. National Planning Authority Executive Director Dr Joseph Muvawala …

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Gov’t explains oil production delays

Kampala, Uganda | THE INDEPENDENT | Government has explained the repeated changes in the oil production date. Robert Kasekende, the Energy Ministry Permanent Secretary, says the delays have been occasioned by a careful process that is intended to see Ugandans and government benefit fully from the oil resource. He told …

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