Kampala — Prospects for the Uganda's oil earnings seem to be high with the sector projected to bring in an estimated $2billion (about UShs4trillion) annually for the next 25 years, Tullow Uganda General Manager Brian Glover has revealed.
With Uganda's oil reserves estimated at 2 billion barrels to date, Glover said the discoveries they have made are set to put Uganda in the world's top 50 oil producing countries.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article