Grapevine

Expedite oil exploration, Nankabirwa tells new UNOC board

Energy Minister Ruth Nankabirwa has asked the new Uganda National Oil Company (UNOC) board to expedite the issue of oil exploration to ensure the sustainability of Uganda’s oil and gas sub-sector.

UNOC acquired an exploration license for the Kasuruban Block in the Albertine Graben in February 2023 in the second licensing round, in which five blocks including Ngaji, Turaco, Avivi, Kasuraban, and Omuka had been made available.

Little has been heard about the exploration activity since, almost a year into the licensing.

However, while speaking during the innuaguartion of the new board chaired by Mathias Katamba, Ms Nankabirwa said the acquisition of an exploration licence had sought to advance Uganda’s in-depth expertise in the oil and gas sector to make oil a sustainable resource.

Therefore, she said there was need for UNOC to get involved as fast as possible to ensure sustainability.