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Uganda Petroleum Authority celebrates its 10th anniversary with local oil contracts totaling $2.2 bi

2025-12-04 Read:5
  
Core tips:The Uganda Petroleum Authority (PAU) has released a ten-year performance report, showing that over $2.2 billion of the $

The Uganda Petroleum Authority (PAU) has released a ten-year performance report, showing that over $2.2 billion of the $7 billion contracts approved so far have been awarded to Ugandan companies - one of the clearest indicators of increasing domestic participation in the country's emerging oil industry. This review report will be released before Uganda plans to start commercial oil production in 2026, coinciding with the government's ambitious tenfold growth strategy aimed at supporting broader national development goals. Industry analysts point out that the report not only highlights the progress made, but also reveals the significant regulatory and operational challenges that Uganda still faces as it prepares to join the ranks of African oil producing countries. The Uganda Petroleum Authority (PAU) was established in 2015 and is responsible for regulating the exploration, development, production, and utilization of the country's petroleum resources. At a press conference held in Entebbe on November 19th, Executive Director Ernst Rubondo stated that the achievements of the management bureau are due to the expansion of the organization and closer coordination and cooperation with domestic and foreign partners.

 
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