East Africa: Several Hurdles Standing in the Way of East Africa's Early Oil Extraction Plans

As East Africa's oil producers race to meet their production targets, funding and infrastructural development hurdles threaten to delay the projects.

Uganda, for instance, has been forced to rethink its early oil production date of 2020, after it became evident that the refinery at Hoima, which is expected to serve the domestic and neighbouring markets, will delay even further, because regional countries are yet to commit to the joint project whose final investment decision is expected within two years.

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