peanut oil refining project factory in uganda

                                               
                                               
                                               
                                               
                                               
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  • What is the Uganda Refinery Project?
  • The Uganda Refinery Project is a greenfield oil refinery with a capacity of 60,000 BPD in Uganda, and the associated downstream infrastructure. It will be owned by the selected firm/consortium and the GOU in a 60:40 partnership. Introduction to the Uganda Refinery Project, September 2013.
  • Will Uganda take a 40 percent stake in the oil refinery?
  • The government has been planning to take an equity stake of up to 40 percent in the refinery through the Uganda National Oil Company (UNOC) (with the possibility of it selling some of this stake to other governments from the East African Community).
  • Who owns Uganda refinery company?
  • The Uganda Refinery Holding Company, a subsidiary of the UNOC will hold a participating interest of up to 40% in the Refinery Company on behalf of UNOC and Government of Uganda. The shareholders¡¯ agreement lays out the financial obligations of each part such as cash calls, defaults, and stipulates the voting rights.
  • Should Uganda spend more money on a refinery?
  • It is also similar to the country¡¯s annual road construction and maintenance budget and double the Ministry of Health¡¯s budget in 2023-2024.64,65 Spending this amount of money on the refinery would therefore have severe opportunity costs. The refinery will generate considerable benefits for Ugandans.
  • What is Uganda's first oil project?
  • 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. As part of this, they are constructing the East Africa Crude Oil Pipeline (EACOP), which will have the capacity to export 216,000 barrels per day (bpd) of oil.
  • 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.