KAMPALA, UGANDA | Xinhua | Uganda may continue to experience fluctuations in fuel pump prices due to global oil market dynamics, but the country has sufficient fuel reserves, the state-run Uganda National Oil Company (UNOC) said. In a statement issued on Tuesday, UNOC attributed potential price variations to factors including …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s fuel prices have edged up by around 5% amid rising tensions in the Middle East, but strong reserves and reforms in the country’s procurement system have limited the impact on consumers. Petrol and diesel remain below previous highs recorded before the Uganda National …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price
