How Uganda arrived at ‘Pearl Sweet’ oil name

The government navigated at least five critical steps before selecting “Pearl Sweet” as the name with which Uganda’s crude oil will trade when commercial production starts later this month.

The Permanent Secretary in the Ministry of Energy and Mineral Development, Ms Irene Bateebe, said Uganda needed an official trading name for the country’s crude blend, since global crude grades are identified and traded under several recognisable competing blends worldwide.