new style worth buying oil processing machinery in uganda

   
new style worth buying oil processing machinery in uganda
                                               
                                               
                                               
                                               
  • new style worth buying oil processing machinery in uganda
Is Uganda a viable oil project?

But Proscovia Nabbanja, the chief executive of the Uganda National Oil Company, says the project is viable and promises that for "every dollar we invest, we return 10". "I don't think that is bad economics."

Where is Uganda's crude oil being pumped?

At another Ugandan oil field - still close to Lake Albert but 100km north-east of Kingfisher - dozens of earthmovers criss-cross a construction site for TotalEnergies' processing facility. This is where the crude oil will be cleaned of impurities and separated from gas before being pumped to a refinery about 100km away.

Will a new road make Uganda a greener country?

In addition, facilities like a newly tarmacked road will make it easier for fishermen to transport their catch to market, and refinery by-products such as fertiliser, might improve productive sectors like agriculture. But there is a bigger question about whether Uganda as a country will benefit as richer economies shift to greener energy.

Why is Uganda betting a lot on oil?

The environmental damage that oil has caused in Nigeria serves as a warning and Uganda is wagering a lot on its oil. It is hoped that oil can help change the economy, if it can be extracted before the move away from fossil fuels means that it will no longer be profitable.