Uganda the most popular oil refinery companies cost

Uganda’s Oil Refinery: Gauging the Government’s S

  • Uganda the most popular oil refinery companies cost
  • Uganda the most popular oil refinery companies cost
  • Uganda the most popular oil refinery companies cost
  • Uganda the most popular oil refinery companies cost

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  • What is the Uganda refinery project?
  • The Uganda Refinery Project includes: the storage terminal itself, for the refinery products located at Namwabula in Mpigi District. Alpha MBM Investments, an investment firm from the United Arab Emirates (UAE) is now the lead partner in the oil refinery project.
  • Will Uganda take a 40 percent stake in the oil refinery?
  • The government has been planning to take an equity stake of up to 40 percent in the refinery through the Uganda National Oil Company (UNOC) (with the possibility of it selling some of this stake to other governments from the East African Community).
  • Who owns Uganda refinery company?
  • The Uganda Refinery Holding Company, a subsidiary of the UNOC will hold a participating interest of up to 40% in the Refinery Company on behalf of UNOC and Government of Uganda. The shareholders’ agreement lays out the financial obligations of each part such as cash calls, defaults, and stipulates the voting rights.
  • What impact could a refinery have on Uganda's Development?
  • Various government policy documents and external studies have set out the impact that the refinery could have on Uganda’s development. Concerns about the security of Uganda’s fuel supply have been at the heart of the government’s long pursuit of a refinery, set out as early as 2008 in the National Oil and Gas Policy.

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