complete soybean oil refining line in uganda

   
complete soybean oil refining line in uganda
                                               
                                               
                                               
                                               
  • complete soybean oil refining line in uganda
  • Will Uganda's planned oil refinery be profitable?
  • Uganda¡¯s planned oil refinery will have several benefits for the country, including for its security of fuel supply and balance of payments. The refinery could be reasonably profitable, generating an internal rate of return of 13 percent in a baseline scenario.
  • Do Ugandan refineries have right of first refusal on oil production?
  • Article 17.3 of the prevailing model production sharing agreement 2018, which will likely be used as a template for the arrangement with any new projects, states that Ugandan refineries would have right of first refusal on any oil production, as long as they pay the market price.
  • Will other projects advance to oil production in Uganda?
  • Whether and when other projects will advance to oil production is uncertain. 60 percent of Uganda is unexplored and there has been a high success rate in areas that have been explored. Exploration plans are advancing in several other blocks, such as Ngassa, Kanywataba and Turaco.
  • Will the government take a large equity stake in Uganda's Oil Refinery?
  • The government¡¯s plan to take a large equity stake in the oil refinery is risky and may be unnecessary. French supermajor Total and Chinese state oil company CNOOC decided to go ahead with Uganda¡¯s first oil project at the start of February 2022.