Uganda has increased its ventures into the Oil sector after permitting Italian-based firm, Saipem, to start studies in the technical front-end engineering design (FEED) of the refinery project.The directive was given by the Albertine Graben Refinery Consortium (AGRC),a scheme responsible for the design, finance, construct and maintainance of the proposed oil refinery in Hoima District. The
Uganda agrees terms with consortium for construction of oil refinery
The Uganda Government said on Monday it had agreed preliminary terms with a consortium of investors including to build and operate the country’s first oil refinery, reviving a much-delayed project. Authorities said a thorough review process of over 40 companies that expressed interest to developed the much anticipated oil refinery, the Government had agreed with