Dealmaker Nguema reaches out to Museveni, signs MoU on oil and gas
Tullow workers at a rig in Buliisa in western Uganda. The country's oil and gas sector is expecting inflows worth about $8 billion, and hopes to produce its first oil in 2020. FILE PHOTO |
Just weeks after linking an oil exploration company to South Sudan and signing an oil information sharing agreement with the government in Juba, Equatorial Guinea President Teodoro Obiang Nguema Mbasogo flew to Kampala to sign a memorandum of understanding with Uganda on oil and gas.
President Nguema arrived in Uganda for a two-day state visit on April 26 at the invitation of President Yoweri Museveni.
