{"id":14802,"date":"2025-03-31T12:04:57","date_gmt":"2025-03-31T12:04:57","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14802"},"modified":"2025-04-02T08:17:56","modified_gmt":"2025-04-02T08:17:56","slug":"uganda-secures-mega-oil-refinery-deal-with-alpha-mbm-investments","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-secures-mega-oil-refinery-deal-with-alpha-mbm-investments\/","title":{"rendered":"Uganda Secures Mega Oil Refinery Deal With Alpha MBM Investments"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On Saturday, 29th March 2025, Uganda signed a historic oil refinery agreement with Alpha MBM Investments LLC, a UAE-based firm, paving the way for the construction of a 60,000-barrel-per-day crude oil refinery in Kabaale, Hoima District.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The deal, witnessed by President Yoweri Kaguta Museveni, at State House, Entebbe marks a major milestone in Uganda\u2019s journey toward energy independence and industrialization.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The agreement, signed at a high-level ceremony, will see Alpha MBM Investments LLC take a 60% stake in the refinery, while the Uganda National Oil Company (UNOC) retains 40%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Museveni hailed the deal as a game-changer for Uganda\u2019s economy and warned government officials against frustrating investors with bureaucratic delays.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI want to thank His Highness Sheikh Mohammed Bin Maktoum and our friends from the UAE for their commitment to investing in Uganda,\u201d President Museveni said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The refinery project will include; a state-of-the-art refinery complex in Kabaale, Hoima, designed to process 60,000 barrels of crude oil per day , a modern storage terminal in Namwabula, Mpigi District, ensuring adequate fuel reserves for national consumption.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The other components are ; a 212 km multi-product pipeline, linking the refinery to the storage terminal, guaranteeing efficient transportation of refined products across Uganda and beyond and the Mbegu water abstraction facility, equipped with an advanced water pipeline system to support refinery operations and ensure sustainability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Museveni also reiterated his government\u2019s commitment to fostering investment and ensuring Uganda benefits from its natural resources.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He cautioned against resistance to economic progress, declaring that those who delay investment will be left behind.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIf you don\u2019t move, the NRM will move with or without you. We cannot afford to be left behind,\u201d he warned.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Museveni also praised UAE investors for their enterprising spirit, contrasting their success with Uganda\u2019s underutilized potential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cPeople in the desert, where there is no rain, have built an economic empire, while some Ugandans, blessed with fertile land and natural resources, remain poor. We must change this mindset,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reflecting on Dubai\u2019s transformation, President Museveni recalled how he first learned about its rapid development some years back.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWhen we returned from fighting Amin, I had never heard of Dubai. It was only a few years ago that I visited and saw very active people. Work with them they are not bringing loans but investments,\u201d he urged.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Museveni further emphasized that Uganda must move from being a consumer economy to a producer economy, ensuring that its natural resources are processed locally to maximize economic benefits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis oil refinery is not just about fuel; it is about Uganda producing and exporting refined products instead of importing,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe must stop exporting raw materials and instead add value to everything we produce,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The President reaffirmed his commitment to removing bottlenecks that hinder investment, assuring investors that Uganda is open for business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are here to work with serious investors who bring capital, knowledge, and long-term benefits to Uganda,\u201d President Museveni declared.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThose who stand in the way of progress will be swept aside,\u201d he added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On her part, the Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa emphasized that the project aligns with Uganda\u2019s National Oil and Gas Policy (2008) and the East African Refineries Development Strategy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She described it as an initiative that will not only enhance Uganda\u2019s energy security but also catalyze economic transformation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe refinery will create thousands of jobs, develop local expertise, and serve as a springboard for industries such as petrochemicals and fertilizer production,\u201d Hon. Nankabirwa said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt will also attract Ugandan businesses to participate in the supply of goods and services, boosting local enterprise development,\u201d she added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, the minister noted that the project will fully comply with international environmental, health, and safety standards, integrating modern technologies to minimize environmental impact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Download a copy of the Uganda Upstream Outlook with more details on the Albertine Refinery <a href=\"https:\/\/www.oilnewskenya.com\/product\/uganda-tilenga-project-development-stage-east-africa-crude-oil-pipeline-eacop-outlook-2021-2025\/\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Saturday, 29th March 2025, Uganda signed a historic oil refinery agreement with Alpha MBM Investments LLC, a UAE-based firm, paving the way for the construction of a 60,000-barrel-per-day crude &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/uganda-secures-mega-oil-refinery-deal-with-alpha-mbm-investments\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[11474,1084,5038,1586,11880,7805,11883,5104,6728],"class_list":["post-14802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-alpha-mbm-investments","tag-hoima","tag-kabaale","tag-ministry-of-energy-and-mineral-development","tag-president-yoweri-kaguta-museveni","tag-uae","tag-uganda-national-oil-and-gas-policy","tag-uganda-national-oil-company","tag-unoc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/uganda-refinaryProject.jpg?fit=575%2C379&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3QK","jetpack-related-posts":[{"id":14186,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-final-refinery-funding-negotiations-announced-with-alpha-mbm-investments\/","url_meta":{"origin":14802,"position":0},"title":"UGANDA: Final Refinery Funding Negotiations Announced with Alpha MBM Investments","author":"","date":"January 24, 2024","format":false,"excerpt":"Final negotiations for the financing and construction of Uganda\u2019s USD 4 billion domestic refinery began this month after Alpha MBM Investments from the United Arab Emirates was chosen by the government of Uganda as preferred bidder. Ms Ruth Nankabirwa, Uganda\u2019s Minister of Energy and Mineral Development made the breakthrough announcement\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/uganda-refinaryProject.jpg?fit=575%2C379&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/uganda-refinaryProject.jpg?fit=575%2C379&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/uganda-refinaryProject.jpg?fit=575%2C379&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":13503,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-unoc-signs-mou-with-sonatrach\/","url_meta":{"origin":14802,"position":1},"title":"UGANDA: UNOC Signs MOU with Sonatrach","author":"","date":"March 23, 2023","format":false,"excerpt":"UGANDA and Algeria have signed an MOU regarding oil and gas, resources found in both countries. \u00a0According to the United States Department of Commerce, Algeria \u201chas the tenth-largest proven natural gas reserves globally, is the world\u2019s fourth-largest gas exporter, and has the world\u2019s third-largest untapped shale gas resources. \u00a0It also\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":853,"url":"https:\/\/www.oilnewskenya.com\/index.php\/museveni-uhuru-kagame-talk-oil\/","url_meta":{"origin":14802,"position":2},"title":"Museveni, Uhuru, Kagame Talk Oil","author":"Samuel Kamau Mbote","date":"April 7, 2014","format":false,"excerpt":"Story by RedPepper Ugandan President Yoweri Museveni, Kenya\u2019s Uhuru Kenyatta and Rwandan President Paul Kagame last night held private talks in the capital Kigali over what sources say, was oil in Uganda. Museveni arrived in Kigali Sunday evening to a guard of honour at Kigali International Airport \u2013 to represent\u2026","rel":"","context":"In &quot;News by others&quot;","block_context":{"text":"News by others","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/news-by-others\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/uk.jpg?fit=960%2C639&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/uk.jpg?fit=960%2C639&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/uk.jpg?fit=960%2C639&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/uk.jpg?fit=960%2C639&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6941,"url":"https:\/\/www.oilnewskenya.com\/index.php\/albertine-graben-refinery-consortium-awarded-uganda-refinery-bid\/","url_meta":{"origin":14802,"position":3},"title":"Albertine Graben Refinery Consortium Awarded Uganda Refinery","author":"","date":"April 11, 2018","format":false,"excerpt":"The General Electric,\u00a0SAIPEM SPA led Albertine Graben Refinery Consortium (AGRC) will now build the oil refinery in Hoima District after the signing of the Project Framework Agreement between the government and the AGRC. The agreement will ensure development, design, financing, construction, operation and maintenance of the oil refinery in Hoima\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/refinery.jpg?fit=1120%2C1018&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/refinery.jpg?fit=1120%2C1018&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/refinery.jpg?fit=1120%2C1018&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/refinery.jpg?fit=1120%2C1018&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/refinery.jpg?fit=1120%2C1018&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":3221,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-uganda-agree-crude-oil-pipeline-route\/","url_meta":{"origin":14802,"position":4},"title":"Kenya, Uganda agree on crude oil pipeline route","author":"","date":"August 9, 2015","format":false,"excerpt":"The governments of Kenya and Uganda have announced that they have agreed on the route to be taken by the crude oil pipeline that will transport oil from the Albertine and Lokichar basins. The announcement comes as Kenya\u2019s president Uhuru Kenyatta continues his visit in Uganda where he has signed\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/Crude-Oil-Pipeline-Map.png?fit=456%2C551&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3607,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ugandas-president-keynote-speaker-oil-gas-summit-kampala\/","url_meta":{"origin":14802,"position":5},"title":"Uganda\u2019s President Keynote Speaker at Oil &#038; Gas Summit in Kampala","author":"","date":"September 7, 2015","format":false,"excerpt":"Reflecting the importance of the oil & gas industry and its potential for Uganda and investors, His Excellency Yoweri Museveni is expected to lead a senior delegation at the Uganda International Oil & Gas Summit (UIOGS) being held at the Kampala Serena. The summit set to start on 16-17 September\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/08\/uganda-with-flag.jpg?fit=400%2C400&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14802"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14802\/revisions"}],"predecessor-version":[{"id":14803,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14802\/revisions\/14803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14187"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}