Uganda is the Biggest Oil Story in Africa and is Set to Make a Strong Play for Investment at African Energy Week in Cape Town

_Uganda's sizeable reserves, enabling regulation, and proactive national oil company is positioning the country as a regional hydrocarbon leader, and African Energy Week in Cape Town will promote it.

Uganda has emerged as a formidable oil and gas competitor and African Energy Week (AEW) 2021 in Cape Town will showcase it. With sizeable reserves, enabling regulation, and a proactive national oil company that prioritizes local participation, inclusivity, and capacity building, the country is positioning itself as a force to be reckoned with, and AEW 2021 in Cape Town (9th-12th of November 2021) will drive this narrative.

In a recent working visit to Uganda, the African Energy Chamber (AEC) emphasized the role that AEW 2021 will play in showcasing the country's energy progress, placing Uganda as a top priority at Africa's premier energy event in order to drive associated dealmaking.

Despite representing a relatively new hydrocarbon sector, Uganda - with its 6.5 billion barrels of proven crude oil reserves and 0.5 trillion cubic feet of natural gas - has made significant progress in establishing a competitive oil and gas industry. Under the leadership of H.E. President Yoweri Museveni and the recently inaugurated Hon Ruth Nankabirwa, working together with Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda and Proscovia Nabbanja, the CEO of the Ugandan National Oil Company, Uganda has accelerated hydrocarbon exploration, large-scale project developments, and regional synergies, driving widespread socio-economic growth in the process.

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https://aew2021.com/uganda-is-the-biggest-oil-story-in-africa-and-is-set-to-make-a-strong-play-for-investment-at-african-energy-week-in-cape-town/

https://aew2021.com/african-energy-week-in-cape-town-to-inject-critical-capital-into-local-economy-create-jobs-boost-covid-19-recovery/