Participation is secured, but profitability and prudence remain under scrutiny Kampala, Uganda | RONALD MUSOKE | For more than 50 years, Uganda depended on its eastern neighbour, Kenya, to transport the fuel that powers its economy, but had little influence over the infrastructure and pricing decisions shaping that supply. That dynamic …
Read More »What the Kenya Pipeline deal means for Uganda
Kampala, Uganda | THE INDEPENDENT | New details have emerged about Uganda’s participation in the Kenya Pipeline Company (KPC) Initial Public Offering, shedding light on how the country will protect its strategic interests in the critical fuel import pipeline. The Cabinet on Monday approved the Government of Uganda’s participation in …
Read More »Uganda, Kenya deepen energy ties with pipeline share deal
Nairobi, Kenya | THE INDEPENDENT | Uganda has finalized negotiations with Kenya over Kampala’s participation in the upcoming Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC), marking a significant strategic shift in regional energy diplomacy. Energy Minister Ruth Nankabirwa Ssentamu and Attorney General Kiryowa Kiwanuka led a high-level …
Read More »Although it took some time, the foundation for Uganda’s oil exports is now solid
Uganda’s Oil Export Process Did Not Just Delay; Due diligence was meant to maximise benefits for the country COMMENT | CAROLYNE MUYAMA | Last week, President Yoweri Kaguta Museveni met with President Samia Suluhu Hassan of Tanzania in Dar es Salaam. The main topic of their talks was the East …
Read More »Why Uganda’s oil refinery remains behind schedule
Delayed construction heightens importance of missing piece in fast-advancing oil dream Kampala, Uganda | RONALD MUSOKE | When Uganda’s Petroleum Authority shared its latest update on the Lake Albert Development Project on Sept.30, the numbers told a story of motion and momentum. From the Tilenga oilfields in Buliisa to the Kingfisher …
Read More »Vivo Energy and UNOC partner for major LPG hub
Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda and the Uganda National Oil Company (UNOC), on behalf of the Ministry of Energy and Mineral Development, today formalized a landmark partnership to develop significant Liquefied Petroleum Gas (LPG) storage infrastructure at the Kabalega Industrial Park. This strategic collaboration is set …
Read More »Kenya Pipeline moves to improve petroleum products supply in Uganda
Kampala, Uganda | THE INDEPENDENT | Kenya Pipeline Company Limited has agreed to resolve key issues that affect the supply of petroleum products to Uganda. This follows sustained concerns mainly about the handling and congestion efficiency issues at Mombasa Port and the inland ports, impacting timelines and costs. At a …
Read More »CSBAG’s post-budget dialogue calls for stronger government-private sector collaboration
Kampala, Uganda | Julius Businge | The Uganda Chamber of Energy and Minerals CEO, Humphrey Asiimwe, has lauded the government’s allocation of Shs 875.8 billion in the upcoming financial year towards mineral- based industrial development, including oil and gas. Speaking during the Civil Society Budget Advocacy Group’s (CSBAG) post-budget dialogue held …
Read More »UNOC starts new era of fuel price stability in Uganda
COMMENT | Samson Tinka | Following the enactment of the Petroleum Supply (Amendment) Act, 2023, Uganda National Oil Company Limited (UNOC) has since December 1, 2023 held the exclusive role of importing petroleum products, which would subsequently be distributed to oil marketing companies (OMCs). There were initially questions …
Read More »Work set to start building Uganda’s first oil refinery
Uganda, UAE Firm Sign Refinery Implementation Agreement Entebbe, Uganda | THE INDEPENDENT & AGENCIES | Uganda has signed a deal that paves the way for the implementation of its first crude oil refinery project. UAE-based Alpha MBM Investments will have a 60% stake in the oil refinery to be built …
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