Nankabirwa and Tayebwa, accompanied by colleagues, fist bump to celebrate the passing of the EACOP Bill The full implementation of the oil pipeline project in Uganda has been boosted by the passing into law of the East African Crude Oil Pipeline [EACOP] [Special Provisions] Bill, 2021. The bill, with 46
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By Ali Ssekatawa Uganda has steadily progressed with its long-held plan of commercialising its crude oil reserves since the first discovery of commercially viable quantities was confirmed in 2006. To achieve this dream and plan, Uganda has had to endure the delay of having to establish all the necessary legal
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The oil pipeline Oil drilling is expected to commence in July next year in the Tilenga Project managed TotalEnergies, as companies insist that the first oil will be realized by 2025. Hundreds of earth-moving machines and trucks are littered across a 768-acre piece of land in Buliisa, doing initial works
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Attorney General, Kiwanuka Kiryowa has warned Parliament of the danger of not giving Uganda National Oil Company (UNOC) exclusive powers to pay up its costs with oil, saying Uganda risks condemning its oil into debt like Nigeria that owed oil companies over US$5Bn.He issued the warning yesterday while appearing before
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L-R Denis Ssekabira, Gaffa Mbwatekamwa and Ronald Balimwezo addressing journalists at Parliament. A section of MPs have protested the silence and inaction from both Government and Parliament on the skyrocketing fuel prices, that has seen Ugandans spend more on fuel than other countries in the region. While addressing journalists at Parliament
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President Museveni addresses the Tanzania-Uganda Oil and Gas Symposium, Sunday as Host President Suluhu Hassan Looks on The private sector, specifically those in businesses relating to the oil and gas industry want the governments of Uganda and Tanzania to lift some of their national laws that might hinder companies from
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The price of Uganda’s oil and gas products on the local market will be determined by the international prices of similar products, and not the conditions in Uganda, according to industry leaders. These are mainly the products that will be produced at the Ugandan refinery that is due to be
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The Uganda Law Society (ULS) wants 30% oil revenue saved for the future generation. ULS has also backed the proposal by Government to allow the Uganda National Oil Company to spend oil money without approval of Parliament. ULS’s views were revealed by Asmahaney Saad, Head Natural Resources Cluster at Uganda Law Society
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Francis Nanai Executive Director, Tanzania Private Sector Foundation (R), Richard Kabonero Uganda’s High Commissioner to the United Republic of Tanzania (C) and Zachy Mbenna, Director of Membership Services (L). Tanzania Private Sector Foundation (TPSF) in partnership with Private Sector Foundation Uganda (PSFU) are organizing the first joint Oil and Gas
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China National Offshore Oil Corporation Ltd (CNOOC) has finally closed the long-awaited Final Investment Decision (FID) for the development of Uganda’s oil and gas projects in the Albertine. Energy and Mineral Development Minister, Ruth Nankabirwa confirms that the Chinese confirmed that they have authorized an FID in Uganda. “I was
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