Thursday, May 24, 2012

Africa - Voice of America: Ugandan Government Denies Accusations of Secret Oil Deals Says Oil Extraction to Begin in 3-5 Years

Africa - Voice of America
africa
Ugandan Government Denies Accusations of Secret Oil Deals Says Oil Extraction to Begin in 3-5 Years
May 24th 2012, 15:58

Ugandans will have to wait 3-5 years for commercial oil production to begin, according to senior government official. The delay, said Bukenya Matovu, the spokesperson for Uganda's ministry of Energy, is due to "some other things that have to be done in terms of [putting in place] infrastructure before production can start." Output from the Ugandan fields, which hold an estimated 2.5 billion barrels of oil, is expected to reach more than 200,000 barrels of oil a day, according to ...

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