• Government issues Request for Final Offer for Lead Investor for Uganda’s Refinery Project

    KAMPALA, 10th December 2014 – Government of Uganda (GOU) issued a Request for Final Offer (RFFO) to the two preferred bidders for the lead investor for the 60,000 barrels per day (BPD) oil refinery and related downstream infrastructure. The RFFO was issued to SK Group led Consortium (South Korea) and the RT Global Resources (Russia) led consortium on 27th October 2014.

    Mr. F.A. Kabagambe-Kaliisa, Permanent Secretary Ministry of Energy and Mineral Development said, “We held preliminary negotiations with SK Group led consortium and RT Global Resources led consortium between August and September 2014. The bidders were…

  • Uganda's Exhibition Booth during the 6th EAPCE'11 in Arusha Tanzania

    The 7th East African Petroleum Confrence and Exhibition, March 2015 - Second Circular

    It is a great honour, on behalf of the East African Community (EAC) to extend to you an invitation to the 7th East African Petroleum Conference and Exhibition 2015 (EAPCE’15) which will be held at the Kigali Serena Hotel, Kigali, Rwanda, from 4th to 6th March 2015.

    The East African Petroleum Conference and Exhibition is held every two years. EAPCE’15 will provide a unique forum for dialogue for all players in the Petroleum industry regionally and internationally. Technical papers, paper posters, e-posters and exhibitions aligned to the conference theme are lined up to produce stimulating interactions among conference delegates. Field…

  • Appraisal work in the Albertine Graben

    Uganda’s petroleum resources increase to 6.5 billion barrels oil in place

    KAMPALA – 28th August 2014: Uganda's Petroleum resources are now estimated to be 6.5billion barrels of oil initially in place. This is up from 3.5billion barrels that was estimated in August 2012. 

    500 billion cubic feet of non-associated gas (independent gas) is also now estimated to have been discovered in Uganda to date. This translates to about 90 million barrels of oil equivalent.This gas can be processed and utilized in several ways including generation of electricity;production of LiquefiedPetroleum Gas which is used for cooking or welding, supporting production of iron and steel and production of fertilizers.

    The increase in the…

  • Uganda blessed with oil and minerals - Interview with Minister of Energy and Mineral Development

    Revenues from Uganda’s budding oil and mining sectors will help to boost socioeconomic development. In this interview with United World, Eng. Irene Muloni, Minister of Energy and Mineral Development, discusses the development of these important industries and opportunities for foreign investors - See more on this link and below;

     

    Uganda is blessed with substantial natural resources, including fertile soils, regular rainfall, deposits of copper, gold, and other minerals, and recently discovered oil. Kindly comment on how the country has prioritized the energy sector as an engine for the sustainable economic growth.

    As a country, Uganda has prioritized the energy…

  • Uganda’s Refinery Project Tender Progresses to the Negotiations Phase

    Two of the four bidders that submitted proposals to the Government of Uganda (GOU) for the role of lead investor for the 60,000 barrels per day (BPD) oil refinery and related downstream infrastructure have been invited to progress to the next stage of the tender process. This followed the issuance of a Request for Proposals (RFP) for the Uganda Refinery Project during January 2014 with a submission deadline of 30th May 2014. “The RFP required the submission of a Bid Bond, and detailed technical, financial and commercial plans to develop, finance, build and operate the Project in partnership with the…