Uganda's ambitious oil-export timetable
The government's keen, the companies are willing—is Uganda's oil boom finally on the way?
After years of delays, Uganda says it wants developers to push ahead post haste with the oil development that could transform the country's economy, setting a 2020 target for first production. But political, technical and financial challenges make that a tough deadline. To get things moving, more than a decade after oil was first discovered around Lake Albert, the government wants a final investment decision on the multi-billion-dollar development by end-2017. France's Total and China's Cnooc are now the project's major players. Once built, the development should produce at least 230,000 barrels a day, most of it going to export markets via pipeline and some to a local refinery. Tullow Oil,
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
