MINING INVESTMENT OPPORTUNITIES
October 5, 2023 by ucem
If it’s not made of steel, steel was used to make it”, the saying goes and it’s true! Because of its strength, affordability and recyclability, steel has been at the centre of the social-economic transformation of developing nations To attain the long-term target of Uganda Vision 2040 of an upper middle-income status, Uganda must stimulate […]
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In order for Uganda to attract investment in the mineral sector, the following interventions have been put in place: For more information about the potential targets for minerals, visit the document below:
Investment and opportunities
October 4, 2023 by ucem
East Africa’s rapid economic progress is leading to growing demand for petroleum products. Inadequate refining capacity and difficulties in transporting imported products inland raises cost and risks for petroleum product supply in the hinterland.Oil resources discovered in Uganda is an adequate feed source for a local refinery. A greenfield refinery project (the “Project”) will be […]
The three Joint Venture (JV) partners comprising CNOOC Uganda Limited, Total E&P Uganda and Tullow Uganda Operations Pty Ltd have over the years demonstrated their commitment to National Content development in Uganda. This has been accomplished by engaging with the local business community through supplier expansion and contracting activities and by employing and training Ugandans […]
The purpose of the Workforce Skills Development Strategy & Plan (WSDSP) is to maximise the quantity and quality ofemployment opportunities for Ugandans in Oil & Gas and related sectors.In order to achieve this purpose the Government of Uganda commissioned a team to quantify the number of jobsrequired in oil and gas and related sectors over […]
Legal and regulatory
The discovery of oil and gas provides the country with an opportunity to fast‐track theeconomic and social transformation process. However, oil and gas resources are finite andthe associated revenues can be immense. If not well managed, these revenues have thepotential to undermine the macroeconomic, budgetary and governance structures thathave been built over the last two […]
These Regulations may be cited as the Petroleum (Exploration,Development and Production) (National Content) Regulations, 2016. These Regulations apply to national content in petroleumactivities. Every licensee, operator, contractor, subcontractor and anyother entity involved in petroleum activities in Uganda shall incorporateand implement national content as an important element of their overallpetroleum activities
An Act to give effect to article 244 of the Constitution; to regulate,manage, coordinate and monitor midstream operations; toenable the construction, placement and ownership of facilities; toprovide for third party access to facilities; to regulate tariffs forfacilities; to provide for an open, transparent and competitiveprocess for licensing by the Minister; to provide for additionaland particular […]
THE PETROLEUM (EXPLORATION, DEVELOPMENT ANDPRODUCTION) ACT, 2013. An Act to give effect to article 244 of the Constitution; to regulatepetroleum exploration, development and production; to establish thePetroleum Authority of Uganda; to provide for the establishment ofthe National Oil Company; to regulate the licensing andparticipation of commercial entities in petroleum activities; toprovide for an open, transparent […]
THE POLICY GOAL IS TO USE THE COUNTRY’S OIL AND GAS RESOURCESTO CONTRIBUTE TO EARLY ACHIEVEMENT OF POVERTY ERADICATIONAND CREATE LASTING VALUE TO SOCIETY. Ownership and control of minerals and petroleum in, on or under any land or waters in thecountry is vested in the Government by Article 244 of the Constitution of the Republic […]
