AFK Insider: Oil & Gas Africa - When Will Uganda Ever Produce and Export Its Oil?

In 2006, Uganda discovered it had commercially viable oil reserves in the Albertine Graben region near the Western border of the country. But almost a decade later production and export of the commodity has never taken place and investors are getting concerned.

The delay in producing oil from the landlocked African country north of Lake Victoria for the export market means it has been overtaken by its neighbors Mozambique, Tanzania and Kenya who discovered their own oil deposits in later years.

Read the full article HERE.