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Uganda : Technical Assistance Report-Fiscal Regimes for Extractive Industries, Next Phase. Preview this item
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Uganda : Technical Assistance Report-Fiscal Regimes for Extractive Industries, Next Phase.

Author: International Monetary Fund. Fiscal Affairs Department,
Publisher: Washington, D.C. : International Monetary Fund, 2017. ©2017
Series: IMF country report, no. 17/367.
Edition/Format:   eBook : Document : International government publication : English
Summary:
Uganda is poised to become a major oil producer if key preconditions are met. A joint venture of three international companies plans a major Uganda Oil Project, in partnership with the government. Up to 1.7 billion barrels (bbl) of recoverable reserves have been discovered with a high exploration success rate. However, challenges for commercialization of petroleum have been significant: infrastructure for  Read more...
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Additional Physical Format: Print Version:
Uganda.
Washington, D.C. : International Monetary Fund,2017
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund. Fiscal Affairs Department,
ISBN: 148433227X 9781484332276
OCLC Number: 1021856323
Description: 1 online resource (89 pages).
Series Title: IMF country report, no. 17/367.

Abstract:

Uganda is poised to become a major oil producer if key preconditions are met. A joint venture of three international companies plans a major Uganda Oil Project, in partnership with the government. Up to 1.7 billion barrels (bbl) of recoverable reserves have been discovered with a high exploration success rate. However, challenges for commercialization of petroleum have been significant: infrastructure for commercialization of oil, and a number of outstanding regulatory and fiscal issues addressed in this report. Oil market developments since mid-2014 have created a difficult environment for project decisions. Uganda has made important progress in the legal framework for petroleum development, with two new Acts of 2013. The first competitive licensing round is being held in 2015.

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