Honey Malinga, the Commissioner for petroleum in the Ministry of Energy and Mineral Development, says that the factors which led to the increase in the fuel prices have eased, hence the stabilization or reduction in pump prices.
EACOP is a 1,443-kilometre crude oil export pipeline that will transport Uganda’s crude oil from Kabaale, Hoima in Uganda to the Chongoleani peninsula near Tanga port in Tanzania. It will have a peak capacity of 246,000 barrels per day.
The Bill was re-tabled in the 11th Parliament and considered again by the Finance Committee. In a report presented to Parliament, Keffa Kiwanuka, the Committee Chairperson recommended to MPs that the oil, gas, and petroleum sector should be excluded from the implementation of the law since it is unique.
The incident happened at Lopero village in Rengen sub county Kotido district on Tuesday evening. Available information indicates that the two armed warriors shot at the car in which the principal Mary Achuma was travelling on a journey to Kaabong from Kotido district.
According to Mathew Kyaligonza, the National Content Manager at CNOOC, they sought applications from drivers across districts in the Albertine region, a process which was undertaken in partnership with the Bunyoro Kitara Kingdom that supported the identification and selection of trainees.
According to Lubega, ICOGU has begun underwriting the oil and gas projects in the Albertine including the pipeline from Uganda to the Port of Tanga in Tanzania. “We have policies on the pipeline, on Tilenga, on Kingfisher and this gives us hope moving forward,” said Lubega.
While there are questions on whether there is a need to import electricity from Kenya, some suggest the bigger questions include whether Isimba Dam was insured. Why should the government pay to repair the Dam after the floods if it was really insured? What about the threats the Dam poses to nearby communities?
Bosco Abani, the manager of Moise fuel station located along Ediofe cathedral road says their daily sales have drastically fallen due to the presence of relatively cheap fuel being sold on the streets.
The MPs on the Committee had convened the meeting on Wednesday, 20 July 2022 to find out steps being taken to end the fuel crisis and also to establish the support given to the Uganda National Oil Company – UNOC to support the national oil reserves to avert the fuel crisis.
Joseph Lubega, a fuel retailer, says that fishermen and boat operators spend over Shillings 150,000 on each 20-liter jerrycan up from Shillings 80,000 six months ago. Fishermen use and an average of 20 liters of petrol mixed with engine oil daily and they catch between ten to twenty kilograms of Nile Perch and Tilapia.
Ismail Tobasiima, the Marketing Officer at Stabex International Ltd disclosed that recent research they conducted prior to the project revealed that the 13kg gas cylinder can last three months for an average family with four members.
Tonny Odokonyero, a Research Fellow at the Economic Policy Research Centre (EPRC) says that the influx of people to the Albertine region is causing demand to outstrip supply for meat, vegetables, and milk.
The IEA in a report released in France on Thursday says the debate about the Energy transition due to climate change concerns as well as the soaring energy prices have seen a comeback of nuclear in countries where it was being abandoned due to costs and safety concerns.