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Jun 29, 2021
Advancing Uganda's petroleum development in a global energy transition
Uganda National Oil Company CEO Proscovia Nabbanja joins IHS Markit Senior Advisor Daniel Berkove to discuss Uganda's journey from its first commercial oil discoveries in 2006 to the present status of Uganda's crude oil development. Nabbanja covers the recent agreements establishing the East Africa Crude Oil Pipeline company, which promises to unlock the value of its 1.4 billion barrels of commercially recoverable crude, and also addresses questions around finance and balancing the trade-offs between environmental concerns and the major economic benefits the project is expected to bring to Uganda. She also offers her view for what the future will hold for Uganda's hydrocarbon sector in general, and for UNOC in particular.
Posted 29 June 2021
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
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