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Thursday, March 22, 2012

Uganda to Explore Oil in Karamoja Region Published: March 12, 2012

Uganda will soon start exploring oil in Karamoja region, of North Eastern Uganda, a Ugandan Mineral Official has said
Peter Lokeris the Mineral Development Junior Minister has said that plans are underway to ascertain whether the region found in north eastern part of Uganda has oil that can be exploited and produced, East African Business week said.
Lokeris was addressing the congregation during the announcement of 20 scholarships to Ugandan students who will work in the oil and gas sector to be sponsored by oil explorers Tullow Oil company.
“Those who say that Ugandan oil may last a few years are lacking something. They don’t know that very soon oil exploration activities will soon start in (Moroto) Karamoja where we expect a considerable volume of oil. This will definitely be added to our national capacity,” Lokeris was quoted by the East African Business Week.
Oil production in Uganda will kick off in 2015 after the completion of an oil refinery, the government recently announced 2015,
Uganda discovered 2.5 billion barrels of oil in the Albertine rift in the Albertine region, around Lake George and Edward, down to the Rwandan border.
Explore oil in karamoja

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