10th Edition of the East African Petroleum Conference and Exhibition (EAPCE’23) scheduled for 9th to 11th May, 2023 at Serena Hotel in Kampala, Uganda
“Uganda is proud and honoured to host the 10th Edition of EAPCE. The Conference aims at showcasing the East African Community (EAC) as a destination of choice for oil and gas investment opportunities to enhance socio-economic transformation.
A visit to Uganda, the Pearl of Africa, will offer an opportunity to meet all the key stakeholders in the petroleum industry in the East African Region while at the same time having a treat of the gifted nature of Uganda’s flora, fauna and unrivalled weather along the equator. Uganda’s landscape encompasses the snow capped Rwenzori Mountains, Lake Victoria which is the largest freshwater body in the world and home to the source of the River Nile.
This is a country of warm, friendly, and hospitable people who today take pride in the production of the finest Arabica coffee in the world as well as the exclusive tea, among others. Uganda is also known for its world- class sportsmen and sportswomen.It is also a great tourist destination with Uganda ranked as a top tourist destination and one of the only three countries with about 50% of the world’s known population of endangered mountain gorillas. During your stay in Uganda, please, find time to visit our national parks,source of the River Nile, the rare tree-climbing lions of Ishasha, white rhinoceros, elephants, bird species, among others.
Uganda made the first commercial discovery of oil in 2006 and it is estimated that the country’s in place volume of oil resources to-date is six and half (6.5) billion barrels of oil equivalent, of which 1.4 billion is estimated to be recoverable in the Albertine Graben. Uganda’s oil and gas resources are being commercialized through an oil refinery and crude oil export through the East African Crude Oil Pipeline (EACOP) that are being developed.
The Final Investment Decision for the upstream projects and the EACOP was announced on the 1st February, 2022 and project developments are ongoing with a target of First Oil in 2025.These developments are expected to attract approximately United States Dollars Fifteen Billion (USD15B) into Uganda in the next 3 years.
This creates immense investment opportunities in the oil and gas sector and other supporting sectors such as housing, health, manufacturing among others. In addition, the country intends to launch the third licensing round during the conference in order to foster continued exploration for additional petroleum resources required to sustain the Refinery and EACOP. This presents additional investment opportunities in areas of exploration, development and production.
Having spent two (2) years in the global covid-19 pandemic that made it impossible to meet physically, I encourage you to register http://(www.eacpe23.eac.int) for the Conference and participate in this distinguished event to enable you tap into the immense investment opportunities in the East African region.
I look forward to receiving you in Uganda, the Pearl of Africa.”
Ruth Nankabirwa Ssentamu
Hon. Dr. Ruth Nankabirwa Ssentamu Minister of Energy and Mineral Development,
Republic of Uganda.