Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-08-21 18:45:20
Uganda is exploring for oil in two new regions where potential discoveries of crude could increase the country’s proven reserves of 6.5 billion barrels, its Energy minister said on Wednesday.
Commercial quantities of crude oil were discovered in the Albertine Graben basin in Uganda’s west near the border with the Democratic Republic of Congo (DRC) nearly two decades ago, but production is not projected to start until next year.
Government geologists are exploring two new regions located in Uganda’s north and northeast, Energy Minister Ruth Nankabirwa told a press conference in the…
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