Thursday, December 13, 2012

Voice of America: Uganda President Says Foreigners Sabotaging Oil Sector

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Uganda President Says Foreigners Sabotaging Oil Sector
Dec 13th 2012, 20:57

Uganda's President Yoweri Museveni, facing donor aid cuts over graft, on Thursday accused unnamed "foreign interests" of sabotaging the oil sector to prevent the country from attaining financial freedom.  Uganda struck commercial hydrocarbon deposits in the Albertine rift basin along its border with the Democratic Republic of Congo in 2006 and reserves are estimated at 3.5 billion barrels.  Parliament last week passed a law granting the president power to negotiate, ...

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