Uganda on Wednesday signed a Memorandum of Understanding (MoU) on the sustainable development of petroleum resources discovered in the country with licensed oil companies. The signing is seen as the first step in speeding up efforts to start oil production, while offering a road map for the commercialization of petroleum resources.
Irene Muloni, Energy and Oil Development Minister, read in a statement, "The purpose of the MoU is to provide a framework for achieving a harmonized
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