• Natural Gas News

    Africa Report: Oil and Gas: Uganda to sign licences with Total and Tullow Oil

    old

Summary

Uganda will sign oil production licences with France's Total and Britain's Tullow Oil by the end of the year as it seeks to start commercial production by 2018

by: Sruthi

Posted in:

Press Notes, Africa

Africa Report: Oil and Gas: Uganda to sign licences with Total and Tullow Oil

Uganda will sign oil production licences with France's Total and Britain's Tullow Oil by the end of the year as it seeks to start commercial production by 2018, the energy minister said on Thursday.

Uganda found commercial deposits of oil in 2006 but production has been delayed in part because of wrangling over the government's plan to build a refinery.

Alongside Tullow and Total, China's CNOOC has a stake and won a licence in 2012.

"One oil company already has a licence. The other two oil companies, by the end of this year, we should have provided the production licences," Energy Minister Irene Muloni told Reuters. Tullow had no comment on the minister's remarks.
MORE