Kampala — Uganda has signed agreements to move forward with its $4 billion oil refinery project, which will process 60,000 barrels of crude oil per day and include integrated storage, pipelines, and water infrastructure.
The refinery is being developed in collaboration with UAE-based Alpha MBM Investments and is expected to generate substantial employment opportunities, stimulate local industries, and reduce Uganda’s dependence on imported petroleum.
Officials say the project will position Uganda as a net petroleum exporter, enhancing the country’s energy security and supporting broader economic growth.
