Uganda: Uganda's Oil Can Transform Economy If Managed Well

Uganda names oil ‘Pearl Sweet’ as production nears

Uganda’s crude will be transported through the 1,443-kilometre East African Crude Oil Pipeline to Tanzania.

Uganda: Uganda's Oil Can Transform Economy If Managed Well

President Museveni has said Uganda's petroleum resources have the potential to significantly transform the country's economy if they are managed strategically and linked to industrial development.

Uganda’s oil revenue must fund long-term infrastructure, not luxury

"The objective should be to ensure that the first barrel of oil is not the last"

Uganda Names Export Crude Blend Pearl Sweet as Oil Projects Near Production

By Adedapo Adesanya Uganda has named its emerging export crude blend Pearl Sweet as the country’s $15 billion Tilenga-Kingfisher-East African Crude Oil Pipeline (EACOP) development moves towards production and exports. President Yoweri Museveni unveiled the name on Wednesday at a ceremony at the Kingfisher Development Area in the Lake Albertine Graben, giving Uganda’s crude a […]

Uganda Names Crude Oil Blend Ahead Of First Production

Uganda has officially named its oil “Pearl Sweet”, as the country moves closer to becoming an oil exporter by the end of the year. President Yoweri Museveni unveiled the name at a ceremony in Hoima, explaining its meaning. “We named this petroleum something called Sweet Pearl petroleum. Oh, okay, the other way round. Pearl, Pearl […]