Uganda plans third oil exploration licensing round
Ugandan Minister of Energy and Mineral Development Ruth Nankabirwa Ssentamu gestures during an Interview at the African Energy Week in Cape Town, South Africa on October 17, 2023.
Uganda will launch its third petroleum exploration licensing round in the fiscal year starting July, and has picked a winner for a tender to redevelop a large copper mine in the country’s west, its energy and minerals minister said on Thursday.
In a briefing, Energy and Mineral Development Minister Ruth Nankabirwa said Uganda had opened up new areas and planned to conduct “the third licensing round for new oil and gas exploration licences in the 2025/2026 (July-June) fiscal year”.
