U.A.E-BACKED FIRM SECURES CONTRACT FOR UGANDA’S FIRST 60,000 BPD REFINERY
Faith Nyasuguta Uganda has taken a major step toward energy independence with the awarding of a contract to build its first crude oil refinery. A UAE-backed company, Alpha MBM Investments, has secured a 60% stake in the 60,000-barrel-per-day (BPD) facility, while Uganda’s state-run National Oil Company will retain the remaining 40%. The refinery, located in […]
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