District administrators in Uganda have asked government to review the oil revenue sharing legislation as a precursor for proper management of the proceeds from the nations budding oil sector. Speaking at a workshop in Kampala, the lower government administrative officers cited The Public Finance Management Act, which they said poses challenges in the operationalization
Uganda should Use Oil Slump period to Develop National Expertise in Oil Sector, Norwegian Official
The current oil slump is an opportunity for Uganda to develope the national expertise needed to harness opportunities which the sector presents, a Norwegian official has advised. The statement formed basis of a presentation by Norwegian Embassy in Uganda’s Counselor of Trade and Energy Peter Christophersen, during Youth Employment Forum at Makerere University. “Oil and
Tanzania Starts Gas Production from Kiliwani North gas well
Major operators in Tanzania’s Kiliwani North Development gas project, Solo Oil plc and Aminex plc, have announced that first gas production has now been achieved from the Kiliwani North gas well. Solo in a statement said that initial gas production commenced on April 4, 2016 and is expected to be delivered to the gas to
Tullow says there is ‘Loss of Gains’ if Uganda and Kenya don’t agree on Joint Pipeline
Tullow Oil Plc, a major operator in both Uganda and Kenya Oil sector says there are enormous opportunity costs if both nations fail to agree on a joint pipeline. The company is waiting settlement on the Oil pipeline route and decision on the market options before making operational Final Investment Decision in both East African
Uganda should opt for Tanzania in the Oil Export Pipeline Deal
By William G. Naggaga… It was reported recently that the French oil giant, Total, was ready to finance the building of a crude oil pipeline from Uganda’s Albertine Graben to the Tanzanian port of Tanga. The pipeline would cost an estimated $4 billion (Shs13 trillion) and Total had already secured the required funding. The revelation was
Kenya Official says Tanzania had nothing to do in Uganda-Kenya Oil pipeline meeting
Tanzania was not involved in Uganda-Kenya oil pipeline negotiations because the issues discussed were exclusive for the two countries, a Kenyan Official said. Kenya Presidency Spokesman Manoah Esipisu told reporters in Nairobi that Tanzania was isolated deliberately because it had nothing to do with the issues on the agenda. “Monday meeting was bilateral. As you
Kenya Officials in Uganda Oil Pipeline Project say were denied entry into Tanzania’s Port Tanga
A team from Kenya Oil ministry assigned to a fact finding mission on the viability of Uganda Oil Pipeline export routes suffered setbacks after allegedly being denied entry into Port of Tanga by Tanzania Officials. The team was created following a meeting between Uganda President Yoweri Museveni and Kenya’s Leader Uhuru Kenyatta, respective oil ministry
Uganda and Kenya Fail to agree on Pipeline route, Push discussions to two weeks
Talks between Uganda and Kenya over a crude Export pipeline have closed without the two sides reaching a conclusive agreement on the $4 billion deal. According to a joint press statement from Kenya Energy Ministry, the talks chaired by Uganda President Yoweri Museveni in Nairobi only ended at presentations and haggling from the technical Team
Kenya and Uganda President to Hold Talks Over Crude Oil Pipeline Project
Kenya and Uganda’s presidents and oil company executives will meet today Monday 21, 2016 for discussions on a route for a pipeline to transport the two countries’ oil, the Kenyan president’s confirmed. Resolving the pipeline route is crucial to helping oil companies involved in Uganda and Kenya to make final investment decisions on developing oil
Uganda’s Prime Minister Commissions Ikamiro-Kingfisher Road
In 2006, Uganda discovered an oil field that is now locally known as the Kingfisher Oil Field. Plans for extracting oil were delayed due to several reasons, but one of the biggest obstacles that the government faced was access to the site. The oil field can only be approached by helicopter or on water, making it difficult for