Uganda: Refinery agreement close


Issue 366 - 06 Apr 2018 | 1 minute read

Uganda is close to signing a formal development agreement for a long-mooted 60,000 b/d refinery in Hoima district. Sources close to the talks told African Energy that an agreeement had been initialled and signing was expected within days. Ugandan officials spent more than three years negotiating with a Russian consortium led by RT Global Resources before talks collapsed in June 2016 and reserve bidder SK Engineering & Construction indicated that it was no longer interested in the project.

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