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 2015 will see attendance by other members of the government including: Minister of Energy & Mineral Development Irene Muloni, Minister of Finance, Minister of State of Works and Transport, Permanent Secretary, Ministry of Energy & Mineral Development and Head of the Petroleum Directorate, Ministry of Energy & Mineral Development Ernest Rubondo.
UIOGS is held under the Minister of Energy and Mineral Development; and as a part of the Energy Week will be used by the Ministry as its official platform for meeting the international operators and companies and for the presentation of the multitude of energy projects presently ongoing or planned for in Uganda.
The Summit will focus on the upcoming licensing rounds, with an opportunity to meet with key decision makers from the major operators and the newly formed National Oil Company. In addition to the many Upstream projects the UIOGS programme will give a special insight on the Hoima Oil Refinery.
Total and CNOOC will be sharing their experiences of working in Uganda and UIOGS will be an opportunity to interact with the 16 companies who are competing to access a reported 6.5 billion barrels of oil in place in the low-cast Albertine Graben. UIOGS has been set as a key strategic meeting point for the Ministry to interact with the bidding companies and all companies interested in the surge in activity.
According to the organizers the UOGS programme will also provide an invaluable insight into all the major issues, challenges and opportunities including:
- Focus on the licensing rounds and new opportunities
- Update on existing fields and exploration success
- Financial and regulatory frameworks
- Uganda’s Refinery Project – 60,000 bpd by 2020
- Supporting the oil and gas industry through a skilled workforce and local content
- Infrastructure developments to support oil & gas