Russians in comeback to Uganda oil refinery deal as Total wants 10pc stake

After years of sluggish progress, Uganda’s oil production prospects have picked up dramatically, with major investors showing interest in the two major production avenues that Kampala has been pushing — a refinery for domestic and regional consumption and a crude evacuation pipeline.

Hardly a week after the government announced that Tanzania was interested in taking up an 8 per cent stake in the refinery, French oil giant Total has also announced it wants a 10 per cent stake, while the Russian firm RT Global, which in July parted ways with government, is attempting a comeback, officials familiar with the sector have told The EastAfrican.