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Uganda's Energy Industry

Uganda

Uganda's energy industry In figures

Oil reserves:1.4 billion barrels

Gas reserves:14.2 bcm

Uganda: All Eyes on Sustainability

Uganda holds an estimated 1.4 billion barrels of recoverable oil. Oil was first discovered in the country in 2006 in the Albertine Rift Basin. Since then, the government has been putting comprehensive measures in place to ensure the efficient and value-added development of the country’s oil and gas resources.

This includes enacting the National Oil and Gas Policy in 2008, the formulation of the petroleum upstream and midstream laws in 2013 and attendant regulations in 2016, and the 2016 creation of the Petroleum Authority of Uganda to regulate the different players in the industry and the Uganda National Oil Company (UNOC) to handle commercial interests of the state and state participation. The Ministry of Energy and Mineral Development has overall responsibility for developing and managing the nation’s energy resources.

The country’s significant renewable energy sources include hydropower, biomass, solar, geothermal, wind and peat. UNREEEA cites the country’s overall renewable energy potential as 5.3 GW.

Today, Uganda’s hydrocarbons activity is focused on two projects: the Tilenga Project and the Kingfisher Project. Commercialisation is expected via an in-country refinery with a capacity of 60,000 bpd and via the East African Crude Oil Pipeline (EACOP), with a capacity of 216,000 bpd. Both are being developed to receive first oil by 2023-2024. In order to increase the country’s resource base for sustainable and viable petroleum production, the government has also commenced exploration of frontier basins, starting with the Moroto-Kadam Basin.

In April 2021, TotalEnergies signed a tripartite agreement with the governments of Uganda and Tanzania to proceed with developing the Lake Albert resources and the EACOP. In February 2022, the government of Uganda reached an FID with TotalEnergies and CNOOC for the projects valued at at least USD 10 billion.

The government has, to date, awarded nine production licences. France’s Total has emerged as the dominant IOC in the country, today holding a 56.67% stake in the Lake Albert project and operating the Tilenga Project. China’s CNOOC holds 28.33% in the Lake Albert project and operates the Kingfisher Project. UNOC holds 15% in the projects. In September 2020, the country’s Second Licensing Round closed, with five blocks on offer in the Albertine Graben. Qualifying companies’ proposals were due June 30, 2021.

Uganda News, Interviews and Articles

McDermott awards camp services for Uganda project
Articles
Uganda - September 19, 2022

Since Uganda’s first commercial discovery was made in 2006, the country has been busy designing the legislative, institutional…

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Articles
Uganda - September 19, 2022

“Now is the time. Uganda is the right destination for investment.” As H.E. President Yoweri Kaguta Museveni has said, 2022…

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Uganda’s journey to new economic development Fred-KABAGAMBE–KALIISA (1)
Interview
Uganda - September 19, 2022

The Energy Year talks to Fred Kabagambe–Kaliisa, Uganda’s senior presidential advisor on oil and gas and the minerals…

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An advocate for Uganda’s private sector Barbara MULWANA (1)
Interview
Uganda - August 29, 2022

Barbara Mulwana, chairman of the Presidential CEO Forum (PCF), talks to The Energy Year about the role of the PCF in…

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Uganda’s energy future Irene-bateebe
Interview
Uganda - August 23, 2022

Permanent Secretary of the Ugandan Ministry of Energy and Mineral Development Irene Bateebe talks to the Energy Year about the…

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Uganda’s president on building an economy beyond oil Museveni
Interview
Uganda - August 15, 2022

Ugandan President H.E. Yoweri Kaguta Museveni talks to The Energy Year about how the recently announced oil and gas FID will…

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Priorities for investors in Uganda Bernard-KATUREEBE
Interview
Uganda - August 12, 2022

Bernard Katureebe, managing partner at Ortus Advocates, talks to The Energy Year about priorities for investors in Uganda, the firm’s role in the country’s oil and…

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