Uganda begins oil exploration and hopes to produce by 2025

Uganda begins oil exploration and hopes to produce by 2025
Uganda begins oil exploration and hopes to produce by 2025
-

v + T – normal size

An official said on Tuesday that oil exploration has begun in a Chinese-run field in Uganda, and that the east African country expects to start production by 2025.

A spokesman for Uganda’s Ministry of Energy and Mineral Development, Solomon Muyita, said that the start of drilling in the (Kingfisher) oil field in the Kikubi area is a big step towards achieving commercial oil production.

The project has come under heavy criticism on environmental grounds.

The China National Offshore Oil Corporation (CNOC) operates the field.

Uganda’s recoverable oil reserves are estimated at no less than 1.4 billion barrels.

--

In the same context, Muyita said that construction work will begin this year on the 1,443-kilometer East African crude oil pipeline, which was planned by Total Energy and Snook between Uganda and the port of Tanga in Tanzania on the Indian Ocean.

-

Authorities described it as the world’s longest hot oil pipeline.

Moyita said the pipeline will be completed by 2025 as well.

Follow the economic statement via Google News

Print
Email
Facebook
Twitter
linkedin
Pin interest
Whats app

-

--

PREV The suicide of an Egyptian girl brings the facts of self-killing to the fore
NEXT Who is Moudi Alshamrani Wikipedia?