Uganda Names Its Crude Oil Blend ‘Pearl Sweet’ Ahead of Commercial Production
Officials say the brand will give Uganda’s oil global recognition and could unlock new commercial opportunities for the country’s petroleum sector.
- President Yoweri Museveni will unveil Uganda's officially named crude oil today at the Kingfisher Oil Development Area in Kikuube District, marking a critical milestone in the country's transition toward commercial production.
- Energy and Mineral Development Minister Dr. Monica Musenero Masanza said the name will give recognition to Uganda's crude oil and differentiate it on the global market, noting that internationally every country has a name for its oil.
- Uganda's crude is characterized as waxy, medium-to-heavy, and sweet with low sulphur content; the $5 billion East African Crude Oil Pipeline is jointly owned by TotalEnergies , Uganda National Oil Company Limited , China National Offshore Oil Corporation , and Tanzania's Petroleum Development Corporation .
- The Central Processing Facility at Tilenga is 72 percent complete, with nearly 16,000 Ugandans employed on the project and more than $795 million spent on goods and services sourced from Ugandan businesses.
- Uganda's confirmed petroleum reserves of 6.5 billion barrels, with 1.4 to 1.7 billion estimated as recoverable, position it as East Africa's first oil producer; Minister Musenero said the project must be 'permanently transformative' for communities beyond the construction phase.
26 Articles
26 Articles
Uganda names crude blend Pearl Sweet ahead of expected oil production
Uganda has named its prospective crude oil blend Pearl Sweet ahead of expected year-end production. The move signals progress on a delayed oil push even as pipeline and environmental disputes intensify.
The Toronto Star
Uganda names its crude oil blend ‘Pearl Sweet’ ahead of commercial production
MBALE, Uganda (AP) — Ugandan authorities on Wednesday named the country’s prospective crude oil blend “Pearl Sweet,” marking a milestone as the East African country gears up for commercial production by the end of the year.
Associated Press News
Uganda names its crude oil blend 'Pearl Sweet' ahead of commercial production
Ugandan authorities have named the country's prospective crude oil blend "Pearl Sweet," marking a milestone as Uganda prepares for commercial production by the end of the year.
Uganda names its oil 'Pearl Sweet' as it prepares for first exports
Two oil sites in western Uganda, run by French energy giant TotalEnergies and the China National Offshore Oil Corporation, are close to completion and will eventually give the east African country a peak production capacity of 230,000 barrels per day. Energy secretary Irene Batebe told AFP the first site, Kingfisher, would come online "by the end of this year" with an initial production of 28,000 bpd. The much larger Tilenga site is 74 percent c…
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