Wednesday, January 2, 2013

Uganda and Kenya to introduce new round of licensing for oil & gas exploration

Oil rig in Uganda. PHOTO/Tullow Oil

Uganda and Kenya are both individually expected to introduce new licensing for oil and gas exploration in 2013. Uganda first discovered oil in 2006, while Kenya, in 2012 discovered substantial amounts of oil and gas in its northern region.

Investors (both local and foreign), and other key stakeholders eagerly await the details of the new licensing.

The year 2012 was characterized by a standoff between the government and opposition over the recently

More details here...

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