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Monday,September 16,2019 14:44 PM

Petroleum Authority clears 293 companies

By John Odyek

Added 10th July 2017 06:00 PM

A total of 753 entities submitted applications, 501 were from companies registered in Uganda

Over 293 local and international companies have been cleared by the Petroleum Authority of Uganda (PAU) to supply various goods and services to the emerging oil and gas industry. The move is intended to encourage local companies participate in the new industry.

The authority has published these companies in the National Supplier Database. The Petroleum Exploration Development and Production Act of 2013 require the PAU to establish and publish a central data base of persons involved in petroleum activities in Uganda. They are required to prohibit any entity from providing goods, works or services unless they are registered on the database.

A total of 753 entities submitted applications, 501 were from companies registered in Uganda and 252 from companies registered in 32 countries outside Uganda.

The authority said it will continue to verify and update the register. The Authority is working with the Uganda Registration Services Bureau, the National Social Security Fund and the Uganda Revenue Authority in verifying applicants registered in Uganda and with the respective embassies and missions accredited to Uganda for the applicants registered outside Uganda.

The National Suppliers’ Database (NSD) is being developed as an online web-based platform for regulating the procurement of goods and services in the sector and will be updated annually.

The authority will automate the development of the database by making submissions and responses digital. The database will then be developed to support the putting in place of a Joint Qualification Systems and an E-market for the procurement of goods and services in the sector.

Ernest Rubondo, executive director of the authority said database provides an opportunity for a transparent and standardized procurement cycle which will lead to increased competition and efficiency in the supply chain.

“It is going to be a tool for encouraging national participation in the oil and gas sector. It will enhance visibility of Uganda’s companies which have the potential to offer goods and services to sector whether individually or in joint partnership,” Rubondo said.

The database is required to be published annually. The Authority plans to publish the database for the year 2018 by the end of December, 2017 so as to enable its full use during 2018. Application for qualification to the 2018 database will be put out on 1st September, 2017 so that the processes are completed before the end of 2017.

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