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By Dr. Jane Nambakire Mulemwa Following the announcement of the Final Investment Decision (FID) in February 2022, and the recent accession of the Democratic republic of Congo (DRC) into the East African Community (EAC), the case for regional and international cooperation in the sustainable exploitation of natural resources has never been stronger. This is primarily because the East African Crude Oil pipeline (EACOP) project not only traverses Uganda and Tanzania but is designed to be a regional pipeline with potential linkages to DRC and South Sudan. In July 2019, the Petroleum Authority of Uganda (PAU) joined the Energy Regulators Association…
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Total E&P Uganda, through its contractor Mota-Engil Uganda has commenced site preparation activities for the Industrial Area in Kasenyi village, located in Ngwedo Sub-County, Buliisa District. The site preparation activities which include bush clearing, fencing, construction of drainage and internal roads are aimed at preparing the site for the establishment of an Industrial Area that will host the Tilenga Central Processing Facility, yards and camps. The site preparation activities are expected to be concluded by mid-2022. Stakeholder engagements are currently ongoing to ensure that the district and local leaders as well as surrounding communities are aware of not only the…
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Uganda’s dream to be an oil-producing country may not be realized until 2025, the World Bank has said.In its Economic Update report, the bank says “the sharp decline in world oil prices resulting from the COVID-19 crisis could delay oil sector investments in the medium term and oil production beyond 2025” even when the private sector remains optimistic about oil production in Uganda.This will bring the wait to have the first oil to more than nineteen years after the country discovered the hydrocarbons in 2006.“Given the significant fall in oil prices to date and the projection that they will remain…
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