Russian consortium wins tender for Uganda refinery


Tender
Issue 295 - 26 Feb 2015 | 4 minute read

The Ugandan government has selected a consortium led by Russia’s RT Global Resources as preferred bidder for construction of a planned refinery at Hoima to process oil from the Lake Albert region. A consortium led by South Korea’s SK Engineering and Construction, the only other group to reach the final stages of the tender, was selected as alternative preferred bidder. A Ministry of Energy and Mineral Development statement said negotiations with the winning consortium would begin in March and were scheduled to last 60 days.

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