Folks, we might be in for a very long wait for the first barrel of - TopicsExpress

Folks, we might be in for a very long wait for the first barrel of oil to roll off the meter, Uganda consumes 20k barrels of petroleum products per day and the whole of East African Community 70k barrels per day. A refinery of 120k barrels per day will be a white elephant that cannot guarantee return on investment on its own as well as the upstream and explorational entities as per the Production Sharing Agreement. Abaffe, ani ya loga Uganda?

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