insert_link Africa Uganda will soon be exporting oil: an energy economist outlines 3 keys to success By Micah Lucy Abigaba, Makerere University Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67% of the joint venture partnership and China National Oil Offshore Company (CNOOC) has 28.33%. Through Uganda National Oil Company, the government owns the remaining 15%. Production is due to start in 2025. As part of the production sharing agreement, the production licences are valid […] todayDecember 12, 2023 7
