Uganda battles to revive oil project
The energy ministry’s aim to achieve FID in early 2020 looks ambitious
The Ugandan government claims to have found a solution to the impasse blocking development of its huge oil production and pipeline export project. However, there is little sign of an early resolution with companies over the dispute, ostensibly over a tax issue but also the development’s wider commercial framework. Efforts by partners Total, Cnooc and Tullow Oil to develop an estimated 1.7bn bl of recoverable resources in the Albertine Graben around Lake Albert in western Uganda have suffered a series of setbacks since Tullow made the first commercial oil discoveries in 2006. Most recently—despite months of wrangling with the Ugandan authorities over the treatment of tax—Tullow was unable t

Also in this section
20 May 2025
Petroleum Economist is proud to be an official media partner for the 9th OPEC International Seminar in Vienna
20 May 2025
Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region