Uganda: Refinery project bidders shortlisted


Issue 268 - 20 Dec 2013 | 2 minute read

The government has shortlisted six bidders to build an oil refinery on the shores of Lake Albert. According to the Ministry for Energy and Mineral Development, following a request for qualification launched in early October, the government received responses from 75 interested parties. Eight companies or consortia submitted detailed qualification statements, and of the six to be shortlisted, the winner will be selected in H1 2014. Prequalified bidders include a Russian consortium led by RT – Global Resources, a subsidiary of high-technology product producer and exporter Rostec, along with financial services company VTB Capital, which is keen to expand in Africa, and oil company Tatneft. Rostec, which signed a memorandum of understanding on wider energy co-operation with the ministry in November, said in a statement that the refinery project included a 205km products pipeline to Kampala.

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