Uganda oil inches forward
Uganda hopes to see its first crude oil exports by 2022
The partners in Uganda's oil export project insist they are still on track to make a final investment decision (FID) by mid-2019, as obstacles on the path towards first production are slowly cleared. Total, China's Cnooc and UK independent Tullow are developing discoveries in the Lake Albert region of landlocked Uganda, which is estimated to have total resources of some 6.5bn bl of crude oil in place. Production will be transported from a hub at Homa, near Lake Albert, to Tanga on the Tanzanian coast through a 1,445km (898 mile) pipeline, with a capacity of around 216,000bl/d. First exports had originally been pencilled in for 2020, but various delays have led the government to shift the dat
Also in this section
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing