Fuel for Thought: Uganda’s struggle to pump its first oil may be still far from over
Uganda’s long-delayed maiden oil project took a vital step to becoming more than a pipe dream this month but risks still hang over hopes of new export flows from East Africa.
France’s Total inked the final pipeline deals needed to unlock its multibillion-dollar Lake Albert oil discoveries, and first oil is now expected to flow by early 2025.
The deal concludes more than a decade of wrangling over plans to develop Uganda’s oil, which will transform the landlocked country into East Africa’s second oil exporter behind South Sudan, unless Kenya gets there first.