With over USD1 bn earned by Ugandans and over USD1.7 bn gov’t infrastructure investments; how oil and gas is changing Ugandan lives even before first oil flows

December 14, 2020December 14, 2020

The 525 metre long Paraa Bridge along the 159 kilometre Masindi (Kisanja) Park- Tangi Junction- Paraa road. The road is part of the 700 kilometres of 12 oil roads in the Albertine Graben where government of Uganda has invested USD900 million to facilitate oil activities in the region. As of November 2020, progress on these roads was 60%.

From the time Uganda hit the first commercially viable oil finds at Mputa-1 well on 6th January 2006, the word on everyone’s lips has been “first oil”. Cabinet in 2008 passed the National Oil and Gas Policy (NOGP) 2008 which laid out a path for ensuring that Uganda’s oil and gas resources would be dedicated to poverty eradication and the creation of lasting value to society. This would be possible through “high standards of transparency and accountability in licensing, procurement, exploration, development and production operations as well as management of revenues from oil and gas.” Pursuant to the NOGP,…

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