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. All petroleum products consumed in Uganda are currently imported from overseas through the ports of Mombasa in Kenya and Dar es Salaam in Tanzania.
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.
Will the government take a large equity stake in Uganda’s Oil Refinery?
The government’s plan to take a large equity stake in the oil refinery is risky and may be unnecessary. French supermajor Total and Chinese state oil company CNOOC decided to go ahead with Uganda’s first oil project at the start of February 2022.
How many barrels a day should a refinery produce in Uganda?
Projected Ugandan demand to 2050 (thousands of barrels per day) The refinery must export any production that the domestic market does not consume. Being located inland, it should be able to supply its landlocked neighbors without much competition unless other inland refineries are built in the vicinity.