{{Uganda government wants to establish its own Oil refinery on its territory.}}<\/p>\n
President Yoweri Museveni of uganda told parliament, \u201cThere will be a refinery in Uganda\u2026. I want my own,\u201d Museveni told Parliament on Thursday, last week. <\/p>\n
He emphasised the need for his country to refine its oil instead of exporting it in crude form.<\/p>\n
Museveni said that one of the mistakes that African oil producing countries make is failure to build a refinery.<\/p>\n
\u201cAll the associated jobs are exported to foreign countries. You also lose the by-products,\u201d he said.<\/p>\n
He said they had even to hire a company called Fosterwhiller which confirmed that the refinery is the way to go for Uganda.<\/p>\n
\u201cWhen it comes to a landlocked country like Uganda there are additional losses we shall suffer when you export crude,\u201d he said. <\/p>\n
\u201cFor a landlocked country to export crude, we shall lose part of the money in transit charges,\u201d he added.<\/p>\n
Uganda, he said, would lose US$40 per barrel if it does not refine its crude oil and instead export it to Kenya, where it would pay taxes. <\/p>\n
The President also noted that since Uganda\u2019s oil is waxy, the cost of transporting it would be high. <\/p>\n
\u201cIt is very high due to the cost of continuing to heat the pipeline all the way up to the ocean,\u201d Museveni said.<\/p>\n
{Wirestory}<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Uganda government wants to establish its own Oil refinery on its territory.}} President Yoweri Museveni of uganda told parliament, \u201cThere will be a refinery in Uganda\u2026. I want my own,\u201d Museveni told Parliament on Thursday, last week. He emphasised the need for his country to refine its oil instead of exporting it in crude form. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-4812","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/4812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=4812"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/4812\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=4812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=4812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=4812"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=4812"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=4812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}