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Uganda Oil Refinery - Wikipedia
The Uganda Oil Refinery is a planned crude oil refinery in Kabaale village, on the Eastern shore of Lake Albert along the Hoima–Kaiso–Tonya Road, Buseruka Sub-county, Hoima District, Western Region, Uganda, near the border with the Democratic Republic of the Congo. [2] It has been planned since 2010. Community opposition was repressed early on.
The Refinery project will be a private sector led project, with Government’s share held by the Uganda National Oil Company, through its subsidiary Uganda Refinery Holding Company. East African Community partner states (Kenya and Rwanda) and Total E&P Uganda have expressed interest in holding shares. The project will be funded through a debt
Final Refinery Funding Negotiations Announced Among Other
“Transitioning from strategic planning to practical implementation, we are advancing four major oil and gas projects: the Tilenga and Kingfisher projects in the Upstream (US $6-8 Billion) and the East African Crude Oil Pipeline (EACOP) (US $5 Billion), and the Uganda Refinery (US $4 Billion) Projects in the Midstream.
Uganda is negotiating with an investment company led by a member of Dubai's royal family to develop a planned $4 billion refinery for some of its crude oil, its energy minister said on Tuesday. Uganda in July last year terminated negotiations with a consortium that included a unit of US firm Baker Hughes over its failure to mobilise financing
Uganda Negotiates with UAE Investment Firm Over $4 Billion
KAMPALA — Uganda is negotiating with an investment company led by a member of Dubai's royal family to develop a planned $4 billion refinery for some of its crude oil, its energy minister said on Tuesday.
Kenya agrees on a 2.5 per cent stake in the planned Uganda oil refinery. Kenya has agreed to acquire 2.5 per cent of the upcoming Uganda oil refinery, in a deal estimated to cost the exchequer US$ 61m. Uganda, which has 6.5 billion barrels in reserves, hopes to complete the first phase of construction in 2018.
Why Uganda is investing in oil despite pressures to go green
At another Ugandan oil field - still close to Lake Albert but 100km north-east of Kingfisher - dozens of earthmovers criss-cross a construction site for TotalEnergies' processing facility.
Introduction to the Uganda Refinery Project, September 2013. Uganda's Refinery involves the development of a greenfield oil refinery, with a capacity of 60,000 BPD in Uganda, and the associated downstream infrastructure (the Project). The Project will be owned by the selected firm/consortium and the GOU in a 60:40 partnership.
- Will Uganda’s planned oil refinery be profitable?
- Uganda¡¯s planned oil refinery will have several benefits for the country, including for its security of fuel supply and balance of payments. The refinery could be reasonably profitable, generating an internal rate of return of 13 percent in a baseline scenario.
- What impact could a refinery have on Uganda’s Development?
- Various government policy documents and external studies have set out the impact that the refinery could have on Uganda¡¯s development. Concerns about the security of Uganda¡¯s fuel supply have been at the heart of the government¡¯s long pursuit of a refinery, set out as early as 2008 in the National Oil and Gas Policy.
- What is the Uganda refinery project?
- Introduction to the Uganda Refinery Project, September 2013 Uganda’s Refinery involves the development of a greenfield oil refinery, with a capacity of 60,000 BPD in Uganda, and the associated downstream infrastructure (the Project). The Project will be owned by the selected firm/consortium and the GOU in a 60:40 partnership.
- Where is Uganda’s only oil refinery located?
- Since some of the largest oil fields are in the Kaiso-Tonya area in Hoima District, the area was selected for Uganda’s only oil refinery. The strategy is to build a refinery that meets the petroleum products needs of Uganda and its regional neighbors, with any remaining to be exported.
