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Uganda expects first oil production to be delayed to 2022

Gasoil News - Published on Fri, 15 Feb 2019

Image Source: Yahoo Finance
Reuters quoted Uganda’s energy minister Ms Irene Muloni, indicating a slight delay from the east African country's revised target of 2021, as saying that "Production we are now looking at by 2022, our first production, from Kingfisher and Tilenga blocks. We are preparing for production. We have to build a pipeline for exports and a refinery to add value. So unless those two projects are done we can't start producing.”

Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy. A lack of infrastructure such as a transportation pipeline and a refining facility has also held up output.

China's CNOOC and France's Total and London-based Tullow Oil have the stakes in the two areas. CNOOC is the operator of Kingfisher area while Total leads the development of Tilenga.

Source :

Posted By : Rabi Wangkhem on Fri, 15 Feb 2019
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