The oil and gas sector in Uganda has been lauded as a good example for countries to follow, due to Uganda’s efforts in promoting a favourable business environment for investment. The remarks were made on Thursday, 15th October, 2020, by Ms. Ingrid Sølvberg, the Director General of the Norwegian Petroleum Directorate at the E-Conference on regulatory excellence organised by the Petroleum Authority of Uganda (PAU). Speaking from Stavanger, Norway via Zoom, Ms. Sølvberg also commended the regulatory framework of Uganda’s petroleum sector. “Five key things are critical to regulatory excellence in the oil and gas industry: institutional competence and balance;…
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