Uganda: Final refinery bids due
Issue 278
- 31 May 2014
| 2 minute read
Final bids for construction of an oil refinery in Hoima district are due by 30 May following requests by bidders that the deadline be pushed back. Originally, this was set for April, but following requests for more time by shortlisted candidates, the Ministry of Energy and Mineral Development agreed to an extension. The lead investor should be selected by September, according to the ministry. Disputes over refinery size have caused development of the Ugandan oil sector to slow. Tullow Oil, alongside upstream partners Total and CNOOC, has argued that a smaller 30,000 b/d refinery would be most economic.
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