Step back for Uganda: Oil sector expects $1 billion investment in 2019

Ugandan Minister of Energy and Mineral Development Irene Muloni said recently, government expects a pick-up in activity in the sector this year, following a calm 2018 that involved designs of key production infrastructure as government also revised its timelines for first oil by 24 months to 2022.

This comes as joint venture oil company partners ramp up activities, to commercialize Uganda’s petroleum resources.

 

Source: plusTV

 


 

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