Uganda's oil dreams move closer to realisation
Production, pipeline and refinery projects are moving forward
The long quest to commercialise Uganda's sizable oil reserves seems to be coming to a head. Following a series of agreements, progress is finally gathering pace to unlock production, provide a prestige oil refinery and ensure a pipeline needed to get oil to international markets gets built. In late April, Uganda and Tanzania said they would sign an intergovernmental accord by the end of June to speed up construction of the $3.5bn crude oil export pipeline from landlocked Uganda to Tanzania's Indian Ocean port of Tanga. A final investment decision (FID) for the 1,445m-long pipeline is now expected by the end of 2018, some six months earlier than originally envisaged, according to Irene Muloni
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
