Uganda to export oil in near future
Keys to success
To secure the best possible outcome for Uganda, the government needs to focus on three issues: the production-sharing agreement, completion of the development stage and export timing. Micah Lucy Abigaba, an energy economics lecturer at the Makerere University in Kampala, elaborates.
Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67% of the joint venture partnership and China National O
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