{"id":14155,"date":"2025-03-30T16:50:48","date_gmt":"2025-03-30T16:50:48","guid":{"rendered":"https:\/\/ugandaupdatenews.com\/?p=14155"},"modified":"2025-03-30T16:51:17","modified_gmt":"2025-03-30T16:51:17","slug":"uganda-uae-firm-sign-refinery-implementation-agreement","status":"publish","type":"post","link":"https:\/\/prowebinhost.com\/anzu\/uganda-uae-firm-sign-refinery-implementation-agreement\/","title":{"rendered":"Uganda, UAE Firm Sign Refinery Implementation Agreement"},"content":{"rendered":"\n

Uganda has signed the Oil Refinery Implementation Agreement that will allow Uganda to add value to its oil products .<\/p>\n\n\n\n

The agreement signed at State House Entebbe was witnessed by President Yoweri Museveni.<\/p>\n\n\n\n

UAE-based Alpha MBM Investments will have a 60% stake in the oil refinery to be built in Kabaale, Hoima District. State-run Uganda National Oil Company (UNOC) will retain the remaining 40% stake in the 60,000-barrel-per-day refinery.<\/p>\n\n\n\n

“The oil refinery is not just about fuel but also about Uganda producing and exporting refined products instead of importing them. We must stop exporting raw materials and instead add value to everything we produceI want to thank His Highness Sheikh Mohammed Bin Maktoum and our friends from the UAE for their commitment to investing in Uganda.. ,” President Museveni stated .<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cToday\u2019s agreement marks a significant milestone for Uganda and paves way for the design, construction and operation of the 60,000 barrels per day refinery to be undertaken in Kabaale, Hoima,\u201d Ruth Nankabirwa, the Minister of Energy and mineral Development explained.<\/p>\n\n\n\n

Construction is expected to take three years with UNOC and Alpha MBM Investments as the project partners.\u00a0\u00a0Alpha MBM Investments from UAE is led by His Highness Sheikh Mohammed bin Maktoum bin Juma Al Maktoum, a member of the Dubai Royal Family.<\/p>\n\n\n\n

\u201cWe are pleased to have a partner with financial strength, and a solid reputation. Work on the refinery will commence immediately,\u201d Nankabirwa stated.<\/p>\n\n\n\n

Also to be built is a 211 km long multi-products pipeline that will evacuate refined products from the refinery to a storage terminal at Namwabula, Mpigi District.<\/p>\n\n\n\n

Editor;msserwanga@gmail.com<\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Uganda has signed the Oil Refinery Implementation Agreement that will allow Uganda to add value to its oil products .<\/p>\n","protected":false},"author":1,"featured_media":14156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[65],"tags":[],"class_list":["post-14155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2025\/03\/uae.jpg","jetpack-related-posts":[{"id":11289,"url":"https:\/\/prowebinhost.com\/anzu\/president-museveni-lobbying-now-uae-firm-expresses-interest-to-develop-5-billion-uganda-oil-refinery\/","url_meta":{"origin":14155,"position":0},"title":"President Museveni lobbying : Now UAE firm expresses interest to develop $5 billion Uganda oil refinery","author":"UgandaUpdate","date":"January 24, 2024","format":false,"excerpt":"Alpha MBM Investments LLC, a UAE-based company has entered negotiations with Uganda over investing in their refinery project. The company is said to be an investment arm of a prominent member of the Royal family of the United Arab Emirates,\u00a0Sheikh\u00a0Mohammed\u00a0bin\u00a0Rashid\u00a0Al Maktoum.\u00a0Sheikh\u00a0Mohammed\u00a0bin\u00a0Rashid\u00a0Al Maktoum\u00a0visited Uganda last year as part of the efforts\u2026","rel":"","context":"In "Oil and gas"","block_context":{"text":"Oil and gas","link":"https:\/\/prowebinhost.com\/anzu\/category\/oil-and-gas\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/01\/uae.jpg","width":350,"height":200},"classes":[]},{"id":16990,"url":"https:\/\/prowebinhost.com\/anzu\/kenya-uganda-oil-deal-signals-shift-toward-regional-energy-independence\/","url_meta":{"origin":14155,"position":1},"title":"Kenya\u2013Uganda Oil Deal Signals Shift Toward Regional Energy Independence","author":"UgandaUpdate","date":"April 26, 2026","format":false,"excerpt":"By Karim Were\u00a0 A\u00a0new phase of energy cooperation is taking shape in East Africa, as William Ruto and Yoweri Kaguta Museveni signal a deeper alignment aimed at reducing the region\u2019s dependence on imported fuel. 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