Uganda Prepares for Oil Production by June 2027 After Two Decades of Discussions
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Uganda is preparing to become an oil-producing nation before the end of its financial year in June 2027. This development comes as East Africa aims for greater energy self-sufficiency amid disruptions in oil flows due to the ongoing conflict in the Middle East.
The announcement marks a significant milestone after nearly two decades of discussions, highlighting Uganda's commitment to enhancing its energy resources and reducing dependency on external oil supplies.
Uganda
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“After nearly two decades of discussions Uganda is preparing to become an oil producing nation before the end of its financial year in June 2027.”
Bloomberg — Uganda in Final Stages of Oil Production