Uganda's second Oil and Gas licensing round
The country’s second oil and gas licensing round for the exploration of five blocks in the Albertine Graben – Uganda – aims to increase international investment into Uganda’s oil rich energy sector, with government expecting to sign Production Sharing Agreements and issue exploration licenses to successful firms by December 2020.
The second licensing round is driven by factors including the establishment of additional petroleum resources and reserves, the current high price of crude oil, interest in investing in the country’s oil and gas sector, a conducive investment climate and minimal geological and commercial risk.
Joint Sector Review Meeting
Around October 2019