East Africa: 'Uganda First Oil to Flow After 2020'

Kampala — The ambitions of the Ugandan government to have first oil flowing by 2020 may not be possible as the required infrastructure will not be completed by then.

Last week, Standard & Poor's (S&P Global) released the latest credit rating for Uganda and noted that construction work on the required infrastructure for oil production might only start mid-2018, delaying any earlier than 2020 oil production prospects.

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