Uganda Will Announce Next Bid Round in May

Tuesday, January 24, 2023

Uganda’s Energy Minister Ruth Nankabirwa Ssentamu released a statement last week detailing recent developments in the East African country’s energy sector and added that the next oil and gas licensing round would be announced at the 10th East African Petroleum Conference and Exhibition (EAPCE) upcoming in May.

Earlier this month, the Ugandan Cabinet approved the signing of Production Sharing Agreements (PSAs) with the Uganda National Oil Company (UNOC) and Australia’s DGR Global.

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