Uganda must solve three-piece oil puzzle in 2025
Energy minister says country is delaying first oil production until pipeline and refinery are ready
Uganda will postpone first oil production from the Lake Albert project due to financing difficulties facing a planned refinery and a crude export pipeline to Tanzania, Minister of Energy and Mineral Development Ruth Nankabirwa Ssentamu said in an exclusive interview with Petroleum Economist. Uganda, which has been struggling for two decades to pump oil, made the discovery in the western Lake Albert Basin in 2006 and has sought the help of IOCs and investors to finance the production of crude from two projects, in which TotalEnergies and China’s state-controlled CNOOC have majority stakes. To export the crude from the land-locked country, Uganda wants to build a 1,443km pipeline—known as the

Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.