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Uganda’s oil and gas sector is entering its most decisive phase, with the Government and industry leaders signalling a firm transition from infrastructure development to production, as the country targets first oil in the second half of 2026.
Speaking at the 11th International Oil and Gas Convention organised by the Uganda Chamber of Energy and Minerals at Speke Resort Munyonyo in Kampala city on April 28, 2026, Deputy Speaker of Parliament Thomas Tayebwa said oil production will be a key driver in unlocking Uganda’s economic potential.
Tayebwa said the petroleum sector is central to Uganda’s ambition to grow the economy tenfold from $50 billion to $500 billion by 2040, anchored on agro-industrialisation, tourism, mineral-based industrialisation and science and innovation.
“Parliament remains fully committed to providing the legislative support and oversight required to ensure this sector delivers real value to Ugandans,” he said.
He emphasised the need for transparency, strong local content participation and investment in high-value segments of the industry.
He added that as Uganda moves into the production phase, the focus must shift to sustained enterprise growth, technology transfer and positioning the country as a regional energy hub.
The convention marked the launch of the National Petroleum Policy 2025, which replaces the 2008 framework and provides a comprehensive guide across the petroleum value chain as Uganda prepares for commercial production.
Tayebwa (Sixth Right) and Nankabirwa (Fourth Left) arriving for the 11th International Oil and Gas Convention organised by the Uganda Chamber of Energy and Minerals (UCEM) at Speke Resort Munyonyo. 
“This milestone will mark a defining moment in Uganda’s energy journey and the beginning of a new phase focused on production, operations, and value realisation,” Rubondo said.
He explained that the first oil will involve a sequence of operational milestones, including extraction from reservoirs, processing at central facilities, transportation to Kabaale in Hoima, export through Tanga in Tanzania, and eventual sale and revenue receipt from crude cargo.
Energy minister Ruth Nankabirwa said Uganda’s progress has been the result of more than two decades of deliberate planning and institutional development.