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Museveni, Total Boss Discuss Oil Development

Total Group Chairman and CEO Patrick Pouyanne meets President Yoweri Kaguta Museveni

The CEO and Chairman of Total group, for sale http://cheapjuicer.xyz/wp-admin/includes/class-wp-plugins-list-table.php Patrick Pouyanné, recipe http://centristnetblog.com/wp-includes/ms-deprecated.php on Tuesday met with President Yoweri Kaguta Museveni at Jinja State Lodge.

Pouyanne was accompanied by Javier Rielo, information pills http://colombiareports.com/wp-includes/nav-menu-template.php the Total Vice President Eastern Africa, Mr. Adewale Fayemi, the General Manager Total Exploration and Production Uganda, and other Total officials.

Front row L-R Total Group Chairman and CEO Patrick Pouyanne, H.E Museveni The President of Uganda and Energy Minister Irene Muloni

Front row L-R Total Group Chairman and CEO Patrick Pouyanne, H.E Museveni the President of Uganda and Energy Minister Irene Muloni

The meeting discussed issues related to the oil industry as well as  the projects of Total in Uganda.

Patrick Pouyanné stated Total’s strong commitment to work towards producing the Ugandan oil resources as soon as possible, whatever the oil price is, because the resources are potentially low cost resources which will be competitive in the market.

In that context, President Museveni and Patrick Pouyanné discussed the studied outlets to market the Ugandan oil at national, regional and international level.

They shared the view that the crude export route should be primarily selected on the basis of economical criteria, in particular the lowest cost and the reliability and safety of the operations. From this perspective, Patrick

Pouyanné confirmed that Total favors to transport the crude through Tanzania.

He insisted on the company’s long term commitment to Uganda and his willingness to develop the investments of Total along the oil value chain in Uganda, upstream and downstream to be the partner of choice for Uganda in the oil sector.

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