Postal address: Box 4705, No.25, Chaoyangmenbei Dajie, Dongcheng District, Beijing 100010, P. This year, the report considers topics such as the impact of the new coronavirus (COVID-19) on demand slowing supply growth in the United States and other non-OPEC countries and the level of spare production capacity in OPEC countries to help. No.25,Chaoyangmenbei Dajie, Dongcheng District, Beijing 100010, P. Oil 2020 examines the key issues in demand, supply, refining and trade to 2025. Uganda Ministry of Energy and Mineral Development: Department of Geological Survey and Mines of Uganda: Leading International Oil Firms Operating in UgandaĬhina National Offshore Oil Corporation (CNOOC) Bids for 2018’s tenders are expected to go out in October, 2017. Investors interested in bidding on contracts should apply at the Directorate of Petroleum’s website listed below. Oil & Gas StatsĪnnual Imports of Petroleum Products (cubic meters)Īnnual Sale of Petroleum Products (cubic meters)Īncillary Services: With upstream and midstream projects currently under front-end engineering and design, international oil companies are increasingly looking for service subcontractors including housing, road infrastructure design and construction, environmental hazard controls, and vocational training services. Industry insiders estimate the infrastructure required to develop Uganda’s oil reserves will begin in 2018 and cost $15 billion. On May 19, the presidents of Uganda and Tanzania signed an agreement over construction terms for a 1450 km heated oil export pipeline to Tanzania’s Indian Ocean Port of Tanga. In addition to producing and exporting crude oil, Uganda plans to build a refinery to produce petroleum products for the domestic and EAC markets. firm Tullow have production licenses to develop Uganda’s oil reserves for export. French firm Total, S.A., Chinese firm China National Offshore Oil Corporation (CNOOC), and U.K. Western Uganda has approximately 6.5 billion barrels of oil reserves, with at least 1.4 billion estimated to be economically recoverable. Brown | Independence Day Reception Remarks
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