The Ministry of Energy and Mineral Development on Tuesday held a bidders conference for the ongoing licensing round to provide clarifications to the request for proposals documents, ed http://clubcycloautun.fr/wp-includes/class-ixr.php relevant laws, regulations and model Production Sharing Agreements (mPSA).
Held at the Lake Victoria Serena Golf hotel, the conference was attended by at least 40 representatives of the 16 potential bidders that were issued with bidding documents.
The information provided is aimed at promoting transparent and equitable bidding process to enable oil companies to prepare technically and commercially responsive bids expected to be submitted ahead of the January 15, 2016 deadline.
Dr. F.A Kabagambe-Kaliisa, Permanent Secretary of the Ministry of Energy and Mineral Development (MEMD) in his opening remarks extended special tribute to the representatives of the potential bidders which are participating in this licensing round.
Mr Ernest Rubondo, Director of Petroleum Directorate, in a presentation “Overview of the Oil and Gas Sector and Key Aspects of the First Licensing Round” gave status of legislation and institutional framework in the oil and gas sector.
He said that implementation of this licensing round will continue to be undertaken in the most transparent and predictable manner.
This is in alignment with the National Oil and Gas Policy for Uganda and the Petroleum (Exploration, Development and Production) Act 2013, which provide for the implementation of competitive licensing round for petroleum exploration blocks in Uganda.
Hon. Peter Lokeris, Minister of State for Minerals explained that the licensing round is an important milestone for Uganda as it is being implemented after putting in place the necessary legal and regulatory framework for the entire petroleum value chain.
He revealed that the key objectives of the licensing round are to: attract more investments in Uganda’s oil and gas industry; expand the resource base with a view to improve revenue base; enhance the sustainability of oil and gas production; and, respond to the investors who have expressed interest in the oil and sector.
The Minister retaliated why investors should invest in the country. He pointed out key incentives such as the in place of legal and regulatory frame work in, political stability to make investments in oil and gas sector secure and well established petroleum systems in the country.
“Government is committed to developing the oil and gas industry in the country in partnership with all the stakeholders in an efficient and effective manner to the benefit of all Ugandans, the East African region and create value to investors.” the Minister said.
The six biddable blocks comprise of the Ngassa (410 Km2) in Hoima District, Taitai&Karuka (565 Km2) in Buliisa District, Ngaji (895 Km2) in Rukungiri&Kanungu Districts, Mvule (344 Km2) in Moyo and Yumbe Districts together with Turaco (425 Km2) and Kanywantaba (344 Km2) in Ntoroko District.
Tullow Uganda, Rift Energy, Petoil (Uganda) Limited, and Swala Energy are some of the16 potential bidders.
Forum for Democratic Change’s 2016 Presidential candidate, cialis 40mg http://clouda.ca/wp-content/plugins/revslider/inc_php/framework/db.class.php Col Dr Kiiza Besigye has revealed that he is among those highly excited by tomorrow’s visit of His Holiness Pope Francis’ to Uganda.
Addressing press at his home in Kasangati on Thursday, viagra order Besigye said that the visit comes along with high hopes that as a global religious leader, the Pontiff will influence the rugged political environment as the country prepares for next year’s general elections.
“We should take this moment to ask for the Pope to pray for peace in our country. There is no peace in this country. We have not experienced a peaceful power handover,” he said.
“Even the Pope’s host (Museveni) while he came to power, over 500,000 people lost their lives.”
Besigye hopes that Pope Francis, using his wisdom will bring together various leaders in the country who are not on good terms with others.
“It’s an opportunity for us to think of what is good for our country; I expect to be part of the community that will welcome the Pope on his visit to Namugongo,” Besigye added.
Meanwhile during the address, Dr Besigye introduced to the Media, Salaam Nakandi, the Deputy Speaker for Bukomansimbi district who defected from the NRM Party due to the irregularities that marred their just concluded primary elections.
Salaama said that she decided to cross after standing for the Bukomansimbi Woman MP seat only to be cheated in the elections.
Salaama added that some people have been threatening to disqualify her from a State House scholarship but she is not shaken.