| Type | Private |
|---|---|
| Industry | Petroleum refining |
| Founded | 2017 |
| Headquarters | Uganda |
| Products | Gasoline, Jet fuel, Kerosine, Diesel fuel, Heavy fuel oil, Liquefied petroleum gas |
Albertine Graben Refinery Consortium (AGRC), is a consortium of 4 international companies which agreed in 2018 with the government of Uganda, to invest in, construct, operate and co-own the Uganda Oil Refinery on the Eastern shore of Lake Albert. [1] [2] It consists of General Electric of the United States, Yaatra Ventures LLC of the United States, Intracontinent Asset Holdings Limited of Mauritius and Saipem SPA of Italy.
Ugandan government geologists estimate Uganda’s oil reserves at 6.5 billion barrels, of which approximately 1.7 billion are considered recoverable. In 2016, the selected lead investor in the refinery project, RT Global Resources of Russia, pulled out of negotiations. Negotiations with the alternative investor, a consortium led by SK Engineering of South Korea also broke down. [3]
In 2018, new bids for a lead investor in the refinery attracted over 40 applicants. The second round of selection, identified the Albertine Graben Refinery Consortium as the entity offering the best terms for construction of the Uganda Oil Refinery, estimated at US$4.27 billion. [3] [4]
As of 2018 the Albertine Graben Refinery Consortium included the following 4 companies: [5] [6]
| Rank | Name of Owner | |
|---|---|---|
| 1 | General Electric of the United States | |
| 2 | Yaatra Ventures LLC of the United States | |
| 3 | Intracontinent Asset Holdings Limited of Mauritius | |
| 4 | Saipem SPA of Italy |
On 10 April 2018, the Consortium signed a definitive agreement with the government of Uganda, committing to design, develop, finance, construct, operate and maintain the planned 60,000-barrel-per-day Uganda Oil Refinery in Kabaale, Buseruka sub-county, Hoima District, on the Eastern shore of Lake Albert in the Western Region Uganda. [3] [7] The signing of this Project Framework Agreement, allows the consortium to begin the Front-End Engineering and Design (FEED), Project Capital and Investment Costs Estimation (PCE) and environmental impact assessment and social impact assessment. [3] [8] Uganda has ambitions to produce first oil by 2025. [9]
The economy of Uganda has a great potential and appears poised for rapid growth and development. Uganda is endowed with significant natural resources, including ample fertile land, regular rainfall, and mineral deposits.
Transport in Uganda refers to the transportation structure in Uganda. The country has an extensive network of paved and unpaved roads.
Hoima is a city in the Western Region of Uganda. It is the main municipal, administrative, and commercial center of Hoima District. It is also the location of the palace of the Omukama of Bunyoro.
Burning of renewable resources provides approximately 90 percent of the energy in Uganda, though the government is attempting to become energy self-sufficient. While much of the hydroelectric potential of the country is untapped, the government decision to expedite the creation of domestic petroleum capacity coupled with the discovery of large petroleum reserves holds the promise of a significant change in Uganda's status as an energy-importing country.
Umeme Limited is the largest energy distributor in Uganda, distributing about 97 percent of all electricity used in the country. The shares of the stock of the company are listed on the Uganda Securities Exchange (USE) and are cross listed on the Nairobi Stock Exchange (NSE). As of December 2021, the company's total assets were approximately UGX:2.664 trillion, with shareholders' equity of approximately UGX:893.15 billion.
The Uganda Oil Refinery is a planned crude oil refinery in Kabaale village, on the Eastern shore of Lake Albert along the Hoima–Kaiso–Tonya Road, Buseruka Sub-county, Hoima District, Western Region, Uganda, near the international border with the Democratic Republic of the Congo. After 5 years of negotiations the Albertine Graben Refinery Consortium (AGRC) formed in 2018 and agreed to design and build the refinery.
The Uganda National Oil Company (UNOC), also known as the National Oil Company of Uganda, is a limited liability petroleum company in Uganda owned by the Ugandan government. The 2013 Petroleum Act of Uganda provides for the establishment of the national oil company. UNOC's board of directors was inaugurated on 23 October 2015 by the president of Uganda.
The Uganda–Kenya Crude Oil Pipeline (UKCOP) was a proposed pipeline to transport crude oil from Uganda's oil fields in the Northern and Western Regions to the Kenyan port of Lamu on the Indian Ocean. Along the way, the pipeline would have picked up more crude oil from the South Lokichar Basin and other oil fields in northwestern Kenya and delivered it to Lamu for export. South Sudan had also planned to construct a pipeline from its Unity State, linking to the UKCOP as an alternative to its only current oil export route through Port Sudan in its northern neighbor Sudan.
The Kenya–Uganda–Rwanda Petroleum Products Pipeline is a pipeline that carries refined petroleum products from the Kenyan port city of Mombasa to the country's capital of Nairobi and continues to the town of Eldoret in the Eastern Rift Valley. There are plans to extend the pipeline to Uganda's capital, Kampala, continuing on to Rwanda's capital, Kigali.
The Kampala–Jinja Expressway, also known as the Jinja–Kampala Expressway, is a proposed four-lane toll highway in Uganda, linking Kampala, the capital and largest city of Uganda, with the city of Jinja in the Eastern Region of Uganda.
Hoima–Kaiso–Tonya Road is a road in the Western Region of Uganda, connecting the city of Hoima with the towns of Kaiso and Tonya on the shores of Lake Albert in the oil-rich Albertine Graben.
Hoima–Butiaba–Wanseko Road is a road in the Western Region of Uganda, connecting the city of Hoima and the towns of Butiaba, Buliisa, and Wanseko on the shores of Lake Albert. This is one of Uganda's critical oil roads because it facilitates oil exploration in the Albertine Graben, as well as tourism, due to its proximity to Kabalega National Park.
The East African Crude Oil Pipeline (EACOP), also known as the Uganda–Tanzania Crude Oil Pipeline (UTCOP), is a 1,443 km crude oil pipeline in planning since 2013, with a foundation stone nominally under construction since 2017 and intended to transport crude oil from Uganda's Tilenga and Kingfisher oil fields to the Port of Tanga, Tanzania on the Indian Ocean.
Hoima International Airport, also Kabaale International Airport, is an airport under construction in Hoima, Uganda. It is part of the infrastructure under construction as Uganda prepares to develop its nascent petroleum industry. When completed, it would be Uganda's second international airport, besides Entebbe International Airport. The new airport is expected to facilitate mobilization of equipment for construction of the Uganda Oil Refinery and assist in the development of agriculture and tourism in Uganda's Western Region.
'TotalEnergies EP Uganda (TEPU) is an oil and gas exploration company in Uganda. It is a subsidiary of TotalEnergies SA, the multinational oil, gas, and petrochemical conglomerate headquartered in Paris, France. It is separate from another Ugandan subsidiary, TotalEnergies M&S Uganda, which is responsible for marketing and services and has been in the country since 1955.
Kenya Crude Oil Pipeline, also Lokichar–Lamu Crude Oil Pipeline, is a proposed crude-oil pipeline in Kenya. The pipeline will originate in the oil-rich South Lokichar Basin, near the town of Lokichar, in northwest Kenya to end at Port Lamu, on the Indian Ocean. The route will remain as originally planned in the Uganda–Kenya Crude Oil Pipeline, in August 2015. The route, was proposed by Toyota Tsusho, the consultant selected by the two governments of that now-abandoned project.
Kasenyi is a village in Ngedwo sub county, Buliisa District, in the Western Region of Uganda. It is the location of a "central processing facility" (CPF) of Uganda's oil fields in the Albertine Graben.
There are several classes of oil companies in Uganda. One class is that of oil exploration companies. The other class in one of oil marketing companies. Another class is that of oil distribution companies. Some companies fall in more than one class. There are more companies in the space than are listed on this page.
Masindi–Biso Road is a road in the Western Region of Uganda, connecting the city of Masindi, in Masindi District and the town of Biso, in Buliisa District in the oil-rich Albertine Graben.
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