FID Oil AGREEMENT TO BOOST ECONOMY - PRESIDENT MUSEVENI
KOLOLO CEREMONIAL GROUNDS, KAMPALA: President Yoweri Kaguta Museveni is optimistic that Uganda’s oil and gas project will go a long way in boosting the country’s economy.
This after the French energy conglomerate Total Energies and the China National Offshore Oil Corporation - CNOOC reached a deal with Uganda and Tanzania to invest more than US$10 billion in developing crude oil production between the two East African countries.