Understanding the difference between the economics of the upstream and EACOP projects
By Tom Ayebare The economics of the Upstream (Tilenga and Kingfisher) and the EACOP projects are distinct and should not be mixed up. EACOP The commercial structure for the East African Crude Oil Pipeline (EACOP) as per the Shareholder’s agreement is that the project is jointly funded and owned by the Governments of Uganda and […]
Govt is delicately balancing both environment and oil activities
By Yusuf Masaba In the recent past, a host of countries especially those from the West have announced major commitments to significantly cut the carbon emissions, committing to achieving “net zero” in a few decades. In pursuit of this, huge cutbacks in the fossil fuels industry are expected to be undertaken with a target of […]
The oil and gas sector remains profitable to Uganda’s economy
By Peninah Aheebwa The highly anticipated conclusion of the key oil agreements and the launch of Uganda’s oil and gas projects is a significant milestone for the sector. This milestone gave way to the processes of approval and award of contracts to the main Engineering, Procurement and Construction (EPC) contractors, in order for the construction […]
Ongoing project procurement processes are in line with the law
In June 2021, Mr. Andrew Oluka, a Ugandan lawyer, filed a motion against the Petroleum Authority of Uganda (PAU) and two International Oil Companies (IOCs) operating in Uganda – Total E&P Uganda Limited and CNOOC Uganda Limited. Mr. Oluka alleges that the ongoing procurement processes for the oil and gas projects in Uganda are denying […]
PAU assesses sector readiness for petroleum development phase
The Petroleum Authority of Uganda (PAU) recently evaluated the readiness of the sector for the development phase. The development phase involves construction of the required infrastructure to process the crude oil for transportation and refining into finished products. The assessment, which was led by Mr. Ernest N.T. Rubondo, the PAU Executive Director during May 2021, […]
Report postively on Uganda’s Oil Project-Journalists urged
Journalists have been urged to report positively and more accurately on Uganda’s oil and gas project to facilitate public confidence in the project. The clarion call was made by Ms. Gloria Sebikari, the Manager Corporate Affairs and Public Relations at the Petroleum Authority of Uganda (PAU). “As journalists, you are duty bound to provide credible […]
Government approves Resettlement Action Plan for EACOP
Government through the Ministry of Energy and Mineral Development has today, approved the Resettlement Action Plan for the East African Crude Oil Pipeline (EACOP) project. This approval is specific to Uganda section of the project, and paves way for the implementation of the second phase of the land acquisition and resettlement process which involves completing […]
Response to Hussein Lumumba Amin on Government of Uganda’s take from the Oil and Gas Sector
By Ali Ssekatawa The assertion that Uganda got a bad deal from the oil and gas projects and will only earn $5 per barrel is not only factually wrong but does not make logical sense. Mr. Hussein Lumumba Amin ignorantly mixes up the economics of the upstream with the midstream. To understand Government’s expected take/revenue […]
The journey to the Final Investment Decision—UNRA’s account on Critical Oil Roads
As one of the major players in securing the corridors to facilitate logistic movement and construction of central processing facilities among others, the Uganda National Roads Authority (UNRA) has made tremendous advances in ensuring that the major oil roads corridors are motorable. A look at the 3 packages we have been implementing since 2018 is […]
Oil Agreements open up opportunities for Ugandans
The recent conclusion of key oil and gas agreements has opened up opportunities for the participation of Ugandans. Speaking at a press conference, Dr. Kitutu Kimono Mary Goretti (MP), the Minister of Energy and Mineral Development (MEMD) highlighted specific areas that are now a reality for Ugandans who would like to work, or provide goods […]