Tanzania has confirmed it is looking to owning about 8 percent stake or more in Uganda’s proposed 60,000 barrels per day refinery project. On addition to the Crude Oil Export Pipeline, proposed to run from Uganda Oil-rich Albertine graben to Tanzanian Northeastern Port of Tanga, the deal positions Tanzania as the leading regional partner in
Will Brexit Cause a destructive Impact on Uganda’s Oil market Future?
By Irene Ngabirano… On June 23, the United Kingdom (UK) voted to leave the European Union (EU) in a non-binding advisory referendum, which resulted in the resignation of UK Prime Minister David Cameron and is likely to trigger fresh elections later this year or in 2017. Despite pressure from some EU countries, it is unlikely
Uganda and Tanzania Say Pipeline Negotiations are Progressing, Project will Start in January 2017
Uganda and Tanzania announced progress in the negotiations preceding the construction of a Crude Oil Export pipeline from oil-rich Albertine graben to Tanzanian Northeastern port of Tanga. Officials, technocrats and investors are holding a series of close door meetings which targets January 2017 as the project commencement time and 2019/2020 as the completion deadline. At
Project in Doubt; Lead Investor of Uganda Oil Refinery RT Global Withdraws from Deal at Negotiation Stage
The Lead investor of the Uganda oil refinery project, Russian firm RT Global Resources has opted out of the deal during the negotiation process. RT Global resources was announced the preferred bidder for financing and construction of the $4 billion facility in Hoima in February 2015. The consortium of companies that won the contract to
Here is why Tullow Oil is unlikely to Halt Ghana Oil Production Despite damaged ship
Tullow Oil is set to announce on Thursday how it will repair a ship that is a hub for its most important oil field, and is likely to recommend a fix that will allow output to continue – instead of suspending it for a year, officials said. The ‘spread mooring’ solution would mean Tullow avoids
Huge portion of the designers from educational institutions
Huge portion of the designers from educational institutions In some cases a large portion of the technical engineers from universities, the fools in the practice of their job, make modest using of increased mathematics.Significantly situation, inside a list of questions brought to alumni of Sibley College or university of Cornell niversity in Ithaca, about half
Why Uganda Oil Pipeline Project May not Start in August as announced by Officials
The Ugandan and Tanzanian governments are trying to fast-track a $4 billion oil pipeline that would connect landlocked Uganda to foreign markets even though construction won’t start in August as they originally indicated. The companies behind what could be East Africa’s first major oil pipeline believe the August start-date that Tanzanian officials gave last March
Tanzania Major Gas Operator Solo Oil Plc says State Owned TPDC has agreed to extend Operation Licence for Mtwara
Solo Oil plc said has successfully completed discussions with the Tanzanian Petroleum Development Corporation (‘TPDC’) to extend operation licence for Mitwara licence of the Ruvuma Production Sharing Agreement (‘Ruvuma PSA’). The licence was due to expire late December 2016. A one-year extension has been approved by TPDC and is thus awaiting ministerial approval. The UK
An essay on snark, literary critique, and hipster douchebags
(Reprinted coming from the Chicago Core for Literature and Photography. I am just an original source in this essay, and also user of CCLaP; it is not staying reprinted on this site illegally.) Standard viewers I’m confident presently have stuck to how I really like to evaluate the submitting schedule here for the CCLaP web
Is the Oil and Gas Sector Sufficient by itself to diversify Uganda’s economy?
By Christina Malmberg Calvo Uganda is striving to achieve middle income status by 2040, and a lot of optimism and hope is riding on the 6.5 billion barrels of crude oil in the Lake Albert basin. Many natural resource countries, however, have not fared well, and are struggling with inflationary pressures that affect competiveness, unsustainable