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What Next For Uganda’s Shs14.5 Trillion Oil Refinery Project? » Business Focus

Summary by Business Focus
Oil drilling is ongoing at Kingfisher and Tilenga projects The oil and gas sector over the weekend got a vote of confidence from Alpha MBM with the signing of an implementation agreement for a green refinery in the Albertine Graben. The Uganda Refinery project is estimated to cost around US$ 4 billion (Shs14.5 trillion) or more. The Minister of Energy, Ruth Nankabirwa described the signing an Implementation Agreement as the third triplet to be b…
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Business Focus broke the news in on Thursday, April 3, 2025.
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