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The PAU Newsletter Volume 1, Issue 1, November 2020

In this inaugural edition, we explore several issues that coincide with current status of the oil and gas sector in Uganda and the globe. Negotiations between Government and the oil companies, though sometimes protracted, are the norm; find out why they are necessary. The end goal is to ensure the sector creates lasting value.

The Energy Transition continues to raise contention as to the relevance of oil as a commodity. Whereas the much-needed transition is a reality, oil plays a significant role more so in developing countries. In this and subsequent issues we will also tackle some of our regulatory functions. This time round we look at the economics of the industry, specifically the volatile nature of oil prices.

The PAU Newsletter brings you a lot more information including highlights of the oil industry news. Despite the impact of the ongoing worldwide Corona Virus Disease pandemic, the oil and gas Industry remains vibrant.

We welcome your feedback and encourage your contribution via corporateaffairs@pau.go.ug as we journey on to fulfill our mission of ensuring the petroleum sector creates lasting value and contributing to Uganda being a sound investment destination.