One of the key preoccupations of the government is how to enhance economic production and eradicate poverty. However, the extent to which the government should get involved in driving economic production is a divisive matter. Both the supporters of government involvement and those against have very strong arguments to back their view points. A
Why Uganda won’t think about exporting its gas just as yet
While a lot continues to be said about the oil that Uganda is yet to drill, little has been said about the potential of the Natural Gas Reserves that lie with the 3.5 million barrels of oil in the Albertine Region. It has been reported that for now, the Uganda government plans to use
What drove government to consider Kabale as the ultimate site location for Uganda’s Oil Refinery
In the pursuit of the most suitable site location for an Oil Refinery we are told that Foster Wheeler the major researcher behind the efficacy of an Oil Refinery in Uganda evaluated three regions and identified six potential sites for the refinery as a result. The six sites that the Foster Wheeler report identified
Tullow prioritizes disclosure takes tighter stand against corruption
One of the major highlights that shine out of the just released Tullow Oil plc’s Corporate Responsibility Report 2012 is the emphasis on disclosure a development the company believes will go a long way in clearing the company’s corporate image in light of the various accusations of corruption that the company faced in 2012.
Report places value of East African Oil and Gas market at 4billion USD
According to the East African Oil and Gas Market 2013-2023 report, the market share available within the region for the next ten years has been estimated to stand at about 3.9billion USD. The report done by Visiongain gives the East African regional oil & gas market forecast from 2013 to 2023 for six countries
Why Uganda’s oil did not attract big investment deals in 2012
So, according to a survey by International tax firm Deloitte, Uganda accounted for fewer investment deals in East Africa in 2012. With the maze and craze that shrouds the oil industry; obviously Uganda’s oil was expected to be the biggest attraction for investment deals. But with the squabbles over various issues like the stabilization
Uganda, Madagascar take lead in commercial development of oil reserves in East Africa
The United States Energy Information Administration report on Emerging Oil and Gas Developments in East Africa has identified Uganda, Madagascar, Mozambique and Tanzania to have shown the most progress toward commercial development of the newly discovered resources of oil and gas in the East Africa region in recent years. According to the report, whereas
Why heat tracing would have been the most viable way of inhibiting wax in a Uganda crude pipeline
There are basically five ways to deal with waxy crudes such that there is assurance of flow of oil within the pipeline. The Foster Wheeler Report discusses the five ways that Uganda would have oted to take on if it had chosen to build a crude pipeline for its oil and the five methods
How the wax in the crude impedes the crude pipeline option for Uganda
In 2011, the government of Uganda undertook a feasibility study on building a Greenfield oil refinery which Swiss Engineering firm Foster Wheeler Energy Limited conducted. The study recommended that a refinery was commercially viable for Uganda given its benefits to citizens compared to building 1350 Km long crude export pipeline to Mombasa. The study further
Experts warn against multiple refineries in East Africa, say they are a waste of oil resources
With the discovery of oil in Kenya, Uganda and South Sudan surely East Africans are right to look forward to an “oil bonanza” that is expected to lift millions of East Africans out of poverty but the experts think that with the way the East African countries have decided to deal with their oil, the