small canola oil refining system 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.
  • 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.
  • 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.
  • 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.
  • Should Uganda build a larger refinery?
  • The main reason for the high cost of Uganda¡¯s refinery is its relatively small size, which prevents economies of scale. Projects tend to generate these scale economies only with a capacity of at least 100,000 bpd. However, building a larger refinery would probably not be to Uganda¡¯s advantage either.
  • 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.