Uganda: New consortium revives refinery scheme
Issue 352
- 11 Aug 2017
| 1 minute read
The government says it has agreed core project terms with a new consortium to develop its controversial refinery project. The Ministry of Energy and Mineral Development said the Albertine Graben Refinery Consortium was made up of GE Oil & Gas, US developer Yaatra Ventures, and a company named as Intracontinent Asset Holdings, with Saipem as engineering, procurement and construction partner. “The consortium has proposed to government a financing approach and a path to establish, develop and operate a commercially viable refinery company with a strategic benefit to the country and the region,” a ministry statement said.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map
Register