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Uganda’s Oil Refinery Push | Uganda News
Uganda’s President Museveni is pushing hard for a local oil refinery, calling it a national priority alongside the East African Crude Oil Pipeline. The goal? Cut fuel costs by refining oil domestically and avoiding expensive transport fees—like the $12 per barrel to Tanzania’s coast. Set to operate at 60,000 barrels daily in Kabaale, the project is led by UAE’s Alpha MBM Investments, backed by Dubai royalty. Uganda expects to save $2 billion yearly by skipping refined product imports, while also boosting its economy and making fuel more affordable. Even as some crude may be exported, refining…
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