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@kfm Mon, 18 Nov 2024 12:16:45

Government reviews oil projects ahead of 2025 production

The government has embarked on an assessment to evaluate the progress of various projects within the petroleum chain ahead of the anticipated commercial production of Uganda’s first oil in the fourth quarter of 2025. Projects under review include the Standard Gauge Railway (SGR), the status of different oil wells, and the performance of private oil market companies, among others. Two months ago, Minister of State for Economic Monitoring Beatrice Akello conducted a monitoring exercise of developments in the northern corridor. One of the key concerns raised was the selective exemption of taxes, which requires urgent attention. Speaking at the opening of this dialogue on Monday, Secretary to the President Hajj Yunus Kakande stated that the recommendations from this dialogue will […] The post Government reviews oil projects ahead of 2025 production first appeared on 93.3 KFM.

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