Kampala, Uganda | THE INDEPENDENT | Government has pushed the Final Investment Decision (FID) for commercial oil production to September 2019. Speaking during the budget presentation on Thursday, Finance and Economics Development Minister, Matia Kasaija said, “Preparation for commercialization of oil and gas resources continued this year. The lead investor for …
Read More »Gov’t, Oil companies yet to agree on tax, recoverable costs
Kampala, Uganda | THE INDEPENDENT | The government and oil companies have failed to reach a consensus on key issues which could potentially create more delays for the Final Investment Decision (FID). The delay is a setback to the planned construction of the pipeline and the refinery. The contentious issues …
Read More »Total E&P-led oil project approved
Environmental activists raise concerns on NEMA’s role Kampala, Uganda | RONALD MUSOKE | Total E&P has secured the green light for its major oil project also known as Tilenga to proceed after 10 months of evaluations by Uganda’s environmental body. Total E&P said the approval by the National Environment Management …
Read More »Gov’t explains oil production delays
Kampala, Uganda | THE INDEPENDENT | Government has explained the repeated changes in the oil production date. Robert Kasekende, the Energy Ministry Permanent Secretary, says the delays have been occasioned by a careful process that is intended to see Ugandans and government benefit fully from the oil resource. He told …
Read More »Oil exploration: Restoration of park ecosystems incomplete
Kampala, Uganda | THE INDEPENDENT | The restoration of Murchison Falls National Park ecosystem where oil wells were dug during the exploration of the Albertine Graben remains incomplete. Total E&P, the company in charge of the process says that there are still some remedial work to undertake in some of …
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