oil refinery machine for crude oil in uganda

                                               
                                               
                                               
                                               
                                               
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  • What is the Uganda refinery project?
  • The Uganda Refinery Project includes: the storage terminal itself, for the refinery products located at Namwabula in Mpigi District. Alpha MBM Investments, an investment firm from the United Arab Emirates (UAE) is now the lead partner in the oil refinery project.
  • Who owns the share of Uganda refinery?
  • The Uganda Refinery project will be a private sector led project. The Government's share will be held by the Uganda National Oil Company, through its subsidiary Uganda Refinery Holding Company. East African Community partner states (Kenya and Rwanda) and TotalEnergies Exploration and Production Uganda TEPU have expressed interest in holding shares.
  • Where is Uganda's only oil refinery located?
  • Since some of the largest oil fields are in the Kaiso-Tonya area in Hoima District, the area was selected for Uganda's only oil refinery. The strategy is to build a refinery that meets the petroleum products needs of Uganda and its regional neighbors, with any remaining to be exported.
  • Will Uganda's planned oil refinery be profitable?
  • Uganda¡¯s planned oil refinery will have several benefits for the country, including for its security of fuel supply and balance of payments. The refinery could be reasonably profitable, generating an internal rate of return of 13 percent in a baseline scenario.
  • What impact could a refinery have on Uganda's Development?
  • Various government policy documents and external studies have set out the impact that the refinery could have on Uganda¡¯s development. Concerns about the security of Uganda¡¯s fuel supply have been at the heart of the government¡¯s long pursuit of a refinery, set out as early as 2008 in the National Oil and Gas Policy.
  • Will the government take a large equity stake in Uganda's Oil Refinery?
  • The government¡¯s plan to take a large equity stake in the oil refinery is risky and may be unnecessary. 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.