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Economy
Energy, Oil & Gas
ERA increases power tariffs for first three months of 2018
Power consumers will pay slightly more in the first three months of 2018 compared to the previous quarter following an increase in end-user tariffs by the Electricity Regulatory Authority
2 January 2018
Energy, Oil & Gas
Uganda sets equity in crude oil refinery and pipeline projects at $700m
The two large-scale projects are expected to cost a combined $7.5bn (Shs26 trillion)
18 December 2017
Energy, Oil & Gas
Uganda’s oil pipeline segment to cost $700m
The 1,445km pipeline will run from Hoima in mid-western Uganda to Tanga port at the Indian Ocean in Tanzania. The entire project is expected to cost $3.5bn (Shs11trillion), of which 80% will be spent in Tanzania
11 December 2017
Energy, Oil & Gas
Uganda seeks to join OPEC
Energy ministry Irene Muloni has expressed the government’s wish to join the Organization of the Petroleum Exporting Countries as a full member so Uganda can tap into benefits like the stabilisation of crude oil prices
3 December 2017
Energy, Oil & Gas
Stanbic Bank and British High Commission host UK oil and gas delegation
Stanbic Bank Uganda, in partnership with the Energy Industries Council EIC, and the British High Commission on Tuesday hosted a high-powered trade delegation from the UK
21 November 2017
Energy, Oil & Gas
Russia likely to win bid for Uganda’s nuclear energy plans
Uganda is considering signing an inter-government agreement with Russia on the development of uranium reserves into nuclear power for mainly electricity generation and medicine
18 October 2017
Energy, Oil & Gas
Nigeria’s Oranto awarded license for Ngassa field
Uganda has signed two production sharing agreements (PSAs) with Nigeria’s Oranto Petroleum and also issued two exploration licenses for the Ngassa oil block
10 October 2017
Energy, Oil & Gas
Slight reduction in Q4 power tariffs
Electricity consumers will pay less for power in the last three months of 2017, according to a tariff schedule released by the regulator
6 October 2017
Energy, Oil & Gas
Oil pipeline investment decision for early 2018 as designs near completion
The decision, according to industry sources, is informed by the near-completion of the Front-End Engineering Design study for the pipeline
27 September 2017
Energy, Oil & Gas
UK Export Finance to provide $350m credit for oil airport
A cabinet sitting two weeks ago approved the loan request by the ministry of finance to borrow money to construct the airport
27 September 2017
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