{{Uganda government and two foreign oil firms have agreed to start with a small refinery with a capacity of 30,000 barrels per day.}}
The country’s President Yoweri Museveni said the country has wasted a lot of time in making oil documents which has delayed its production.
He said negotiations on the Memorandum of Understanding on building the refinery and pipeline had dragged on for a long time with officials from Tullow, Total, China’s Cnooc Ltd and Uganda’s Energy and Mineral Resources Ministry.
“We have wasted too much time. We are now with the issue of oil for seven years. We need to make our final decisions,” he said in a statement.
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