Museveni Meets Oil Companies Over Albert Basin Resources
President Yoweri Museveni on Thursday met and held discussions with officials from the three main oil companies involved in oil exploration in the Lake Albert Basin region that include Cnooc, Total and Tullow oil.
The meeting was aimed at addressing various issues including outlining the operators vision for the basin wide development, the proposal to create a government Lake Albert Development Committee to oversee and steer an agreed Basin Development Plan and target signature of a joint development agreement between government and operators.
The Tullow Oil Group was represented by Elly Karuhanga, Paul Mcdade, Martyn Morriss, Etin Mekle, Paul Watkins, Nick Stranks and Gilbert Kamuntu while the Total delegation included Serge Matesco, Loic Laurandel, Thieery Autin, and Ahlem Friga-Noy.
The CNOOC team included Xiao Zongwei and Xiangdong Liu.
The Uganda delegation included Ministers Maria Kiwanuka (Finance), Abraham Byandala (Works), Dr. James Mutende(Industry and Technology), Rose Namayanja (General Duties), Flavia Munaaba (Environment), Ephraim Kamuntu (Tourism) and Eng. Irene Muloni (Energy).
Held at State House, Entebbe, the meeting was also attended by officials from the Uganda Revenue Authority led by Commissioner General Allen Kagina
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Updated on 2013-05-09 09:25
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