brand crude oil refinery equipment of higih quality 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.
  • 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.
  • 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.
  • 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.