Uganda

Uganda's energy industry In figures

Recoverable oil reserves:1.4 billion barrels

Planned refining capacity:60,000 bpd

Projected renewable energy potential:5.3 GW

Uganda: All Eyes on Sustainability

Uganda holds an estimated 1.4 billion barrels of recoverable oil. Oil was first discovered in the country in 2006 in the Albertine Rift Basin. Since then, the government has been putting comprehensive measures in place to ensure the efficient and value-added development of the country’s oil and gas resources.

This includes enacting the National Oil and Gas Policy in 2008, the formulation of the petroleum upstream and midstream laws in 2013 and attendant regulations in 2016, and the 2016 creation of the Petroleum Authority of Uganda to regulate the different players in the industry and the Uganda National Oil Company (UNOC) to handle commercial interests of the state and state participation. The Ministry of Energy and Mineral Development has overall responsibility for developing and managing the nation’s energy resources.

The country’s significant renewable energy sources include hydropower, biomass, solar, geothermal, wind and peat. UNREEEA cites the country’s overall renewable energy potential as 5.3 GW.

Today, Uganda’s hydrocarbons activity is focused on two projects: the Tilenga Project and the Kingfisher Project. Commercialisation is expected via an in-country refinery with a capacity of 60,000 bpd and via the East African Crude Oil Pipeline (EACOP), with a capacity of 216,000 bpd. Both are being developed to receive first oil by 2023-2024. In order to increase the country’s resource base for sustainable and viable petroleum production, the government has also commenced exploration of frontier basins, starting with the Moroto-Kadam Basin.

On April 11, 2021, Total signed a tripartite agreement with the governments of Uganda and Tanzania to proceed with developing the Lake Albert resources and the EACOP.

The government has, to date, awarded nine production licences. France’s Total has emerged as the dominant IOC in the country, today holding a 56.67% stake in the Lake Albert project and operating the Tilenga Project. China’s CNOOC holds 28.33% in the Lake Albert project and operates the Kingfisher Project. UNOC holds 15% in the projects. In September 2020, the country’s Second Licensing Round closed, with five blocks on offer in the Albertine Graben. Qualifying companies’ proposals were due June 30, 2021.

Uganda News, Interviews and Articles

Charles ADDO CEO MERIDIAN GROUP OF COMPANIES
Interview
Ghana - November 24, 2021

Meridian Group of Companies CEO Charles Addo, COO William Mould and CEO of the Energy Division Muhammad Zaman talk to The Energy…

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CNOOC reaches FID on Uganda Kingfisher Project
NEWS
Uganda - November 04, 2021

China’s CNOOC has reached a final investment decision on the Kingfisher Project, paving the way for development of one of…

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Ado OSERAGBAJE Vice-President, Sub-Saharan Africa BAKER HUGHES
Interview
Nigeria - October 13, 2021

Ado Oseragbaje, vice-president for sub-Saharan Africa at Baker Hughes, talks to The Energy Year about the pace and…

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Sayed FAROUK Chairman THE ARAB CONTRACTORS
Interview
Egypt - July 12, 2021

Sayed Farouk, chairman of The Arab Contractors, talks to The Energy Year about trends and prospects the company sees in the…

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Okurut NEMA Uganda
Interview
Uganda - June 18, 2021

Tom Okurut, executive director of the National Environment Management Authority (NEMA), talks to The Energy Year about the…

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TotalEnergies hands out almost $600 million in Uganda contracts
NEWS
Uganda - June 15, 2021

TotalEnergies, through local subsidiary Total E&P Uganda, has awarded five drilling packages reportedly worth almost $600…

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Anne JUUKO Stanbic Bank Uganda
Interview
Uganda - May 07, 2021

Anne Juuko, chief executive of Stanbic Bank Uganda, talks to The Energy Year about the recent evolution of investor confidence in Uganda, the bank’s role in the…

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Lawrence BYENSI Director-General UGANDA INVESTMENT AUTHORITY
Interview
Uganda - April 29, 2021

Lawrence Byensi, director-general of the Uganda Investment Authority (UIA), talks to The Energy Year about how UIA has made it easier to do business in Uganda and the…

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