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The Uganda Refinery Project - UNOC: Uganda National Oil Company
It will be signed between the crude oil owners and the refinery company. The crude oil owners are the Government of Uganda and UNOC, TotalEnergies E P Uganda and China National Offshore Oil Corporation (CNOOC) Uganda Limited.
Uganda Targets February 2027 Investment Decision for Refinery
Uganda expects a final investment decision on its planned $4bn crude oil refinery in February 2027 UAE-based Alpha MBM Investments is expected to own 60% of the 60,000-barrel-per-day refinery The refinery is central to Uganda s oil ambitions, alongside the EACOP pipeline, which remains slightly behind schedule due partly to disruptions linked to the Middle East conflict.
Uganda Awards UAE-Backed Firm Contract to Build $4 Billion Oil Refinery
A UAE-backed company has secured the contract to construct Uganda s first crude oil refinery, a $4 billion project in Kabaale, Hoima District. The facility will process 60,000 barrels of crude oil per day, enhancing Uganda s energy independence and reducing reliance on fuel imports.
Uganda expects US$4bn oil refinery investment decision in February 2027
Uganda expects a final investment decision (FID) on its long-delayed crude oil refinery project in February 2027, a move that could unlock development of the US$4 billion facility and accelerate the country s emerging petroleum industry. The Petroleum Authority of Uganda (PAU) said basic engineering work on the refinery had already begun, with the investment decision expected early next year.
Uganda Moves Closer to $4 Billion Oil Refinery with UAE-Backed Partner
The refinery, located in the Albertine Graben, is designed to process up to 60,000 barrels of crude oil per day once completed. The project comes at a pivotal time for Uganda, which currently spends an estimated $2 billion annually importing petroleum products—a significant drain on foreign exchange reserves and a driver of domestic inflation.
Uganda Oil Refinery: Project History, Financing and Regional Energy
The refinery aims to play a pivotal role in Uganda s energy sector by reducing reliance on imported refined products and enhancing the value addition of domestic crude oil. The ongoing efforts by the AGRC are critical to translating the long-term vision of the Uganda Oil Refinery into a functional asset for the country s energy infrastructure.
Uganda s Hoima Oil Refinery: Latest Progress ... - Constructionreview
The Hoima oil refinery project in Uganda has recently entered a critical development phase, marked by a significant shift in regional investment and strategic partnerships. Currently, the project, estimated at $4 billion, is moving forward under a partnership between the Uganda National Oil Company (UNOC) and UAE-based Alpha MBM Investments LLC. A major recent update is the Final Investment
Uganda s $4 Billion Hoima Oil Refinery Project
The Hoima Oil Refinery is a landmark project in Uganda s energy sector, representing a significant step toward processing the country s crude oil domestically. The Implementation Agreement was signed several months ago by the Ministry of Energy and Mineral Development (MEMD), Uganda National Oil Company (UNOC), and UAE-based Alpha MBM in the presence of President Museveni. Planned with a
Uganda Advances $4 Billion Oil Refinery Toward 2027 FID
Uganda has taken another significant step toward developing its long-awaited US$4 billion crude oil refinery, with the Petroleum Authority of Uganda (PAU) confirming that basic engineering has commenced and that a Final Investment Decision (FID) is targeted for February 2027. The refinery is one of the country s flagship energy projects and is expected to become a cornerstone of Uganda s
Uganda s UNOC Nears $4 Billion Oil Refinery Deal
KAMPALA, UGANDA — The Uganda National Oil Company (UNOC) is poised to sign Front-End Engineering Design (FEED) contracts for a $4 billion oil refinery in Hoima District, according to a report by the Daily Monitor. The planned facility will process 60,000 barrels of crude oil per day and is expected to be built over three years.