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 …
Read More »Construction works of Kingfisher Central Processing Facility ready by 2025
Kikuube, Uganda | THE INDEPENDENT | Construction works of the Central processing facility (CPF) for the Kingfisher Development Area (KFDA) in Kikuube district currently stand at 70 percent. The China National Offshore Oil Company, Uganda (CUL) is the operator of KFDA on behalf of the Joint Venture Partners (JVPs) comprising TotalEnergies …
Read More »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 …
Read More »UNOC hails Ugandan logistics companies for maximizing local content
Kampala, Uganda | THE INDEPENDENT | The National Oil Company-UNOC has commended players in the oil and gas sector for adhering to the local content needs that have seen numerous Ugandans benefit from the sector. Jessica Kyeyune made the remarks while representing the UNOC CEO at a National Supplier engagement …
Read More »Refinery negotiations still ongoing, Ugandan job seekers urged to be patient
Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on. State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and after the construction of the refinery. The government of Uganda plans to …
Read More »Fuel dealers expect improvements as Uganda switches to direct importation
KAMPALA, UGANDA | THE INDEPENDENT | Fuel dealers in Uganda anticipate that the involvement of the Uganda National Oil Company (UNOC) as the sole importer of fuel will lead to improved pump prices. Geoffrey Elyanu, the Supplies and Distribution Manager for VIVO Energy Uganda, expressed this expectation during a media engagement …
Read More »Kenya tells Uganda to come clean on extra imported oil cargo
Uganda’s imports amount to about 60 KT, necessitating smaller vessels which increases freight costs. The logistics costs are likely to see pump prices in Kampala rise by 30% Nairobi, Kenya | THE STAR KENYA | Kenya did not impose a bond premium on Uganda’s oil cargo that docked at the …
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