Vitol Bahrain Archives – CEO East Africa

Parliament approves UNOC’s UGX 7 trillion loan from Vitol Bahrain to fund oil refinery, Kenya pipeline shares and storage facilities

Paul MurungiEnergy, Oil & Gas The Big StoryDecember 17, 2025December 18, 2025

Parliament has approved a proposal authorising the Uganda National Oil Company (UNOC) to borrow up to USD 2 billion (UGX 7.12 trillion) from Vitol Bahrain E.C. (VBA), a global trader in crude oil and petroleum products supply and marketing. The financing marks a decisive shift toward non-traditional financing to unlock oil-linked and national infrastructure projects amid tightening global capital for fossil fuel investments. The proposal presented by the Ministry of Finance in its capacity as a shareholder in UNOC builds on an existing commercial relationship between UNOC and Vitol Bahrain. In August 2023, Government, through UNOC, entered into a Petroleum…

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Vivo Energy assures Uganda of continued quality and reliable supply of Shell products as Uganda starts its own importation of fuel

Muhereza KyamuteteraCompany News News & Analysis The Big StoryJuly 13, 2024July 13, 2024

As the Government of Uganda starts importing its own fuel, marking an end to an era of Government of Kenya-controlled importation and supply, Vivo Energy Uganda, the industry leader, has assured its consumers in Uganda of continued reliability of supply in “the right quantities and quality”. Addressing journalists on a media tour aimed at giving the media, deeper insights into the company’s quality assurance processes and product journey, Elyanu Geoffrey, the company’s Supply and Distribution Manager said that although there has been a change in the suppliers of fuel from the government of Kenya to Uganda National Oil Company (UNOC),…

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