The target is to use oil money for building capacity in the country
President Yoweri Museveni has given assurances that the government of Uganda is fully committed to building an oil refinery in the country.
“The upstream is on course and the final investment decision. We are working to ensure that the oil industry starts production. Land cannot be a problem. The building of a refinery is a minimum. The target is to engage the oil companies for the pipeline,” he revealed.
The President made the assurance when he received and met a delegation of the Albertine Graben Refinery Consortium that was led by the CEO of the consortium, Rajakumari Jandhyala, who called on him on Monday at State House, Entebbe.
Museveni informed the delegation that the target is to use oil money for building capacity in the country.
Jandhyala who briefed the President on the progress recorded in the oil project so far said her delegation was keen to operationalise the oil industry in the country.
Energy and minerals minister, Irene Muloni, attended the meeting.