Uganda has signed a petroleum sharing agreement with Australian firm DGR Energy for the Turaco exploration area in the country’s Albertine rift, raising to four the number of companies with licences to prospect the basin for more oil.
Uganda’s Permanent Secretary in the Ministry of Energy Irene Batebe told journalists on the side-lines of the 10th East African Petroleum Conference and Exhibition (EAPCE) in Kampala, that the country is keen to find more oil to feed the planned refinery and for export.
