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Tag Archives: UNOC

UNOC boasts of weeding out fuel speculators

KAMPALA, UGANDA | THE INDEPENDENT | Officials from the Uganda National Oil Company-UNOC say that they have eliminated unscrupulous middlemen, whom they accuse of hoarding fuel and later exploiting other dealers. They say that some petroleum dealers have limited capital, which deters them from purchasing fuel products in Kenya and relies …

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UNOC records unexpected shs37 billion profit

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) has generated a profit of Shs37.6 billion surpassing their projected revenue of Shs6.989 billion. This revelation emerged during a meeting between officials from UNOC and Members of the Public Accounts Committee (PAC) on Monday, 27 May 2024 where the …

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‘Uganda on right track to energy stability’

Kampala, Uganda | THE INDEPENDENT |  The government has given a rosy picture of Uganda’s energy security in the medium term, citing several interventions and other developments in the sector. Experts have said Uganda is energy insecure especially because of the lack of a direct route to the sources of …

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