Uganda’s Oil & gas

The five blocks are available to potential applicants after going through the prequalification stage successfully. The entry into the prequalification stage is subject to prior payment of a non-refundable application fees of $20,000. Uganda’s Second Licensing Round was launched on 8th May 2019 at the 9th East African Petroleum Conference and Exhibition in Mombasa, 2019. Five prolific blocks all located in the Albertine Graben are now available to potential investors. The five blocks are; (i)LR2_2019_Block01 (Avivi) covering 1026km2, (ii) LR2_2019_Block02 (Omuka) covering750km2 (iii) LR2_2019_Block03 (Kasuruban) 1285km (iv) LR2_2019_Block04 (Turaco) covering 637km2 (v) LR2_2019_Block05 (Ngaji) covering 1230km2 The licensing process has…