Uganda Set to Become World's Newest Oil Exporter in Early 2027
UNOC said Vitol will market Pearl Sweet crude as Uganda prepares for first exports through the 1,443-kilometer East African Crude Oil Pipeline.
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Reformatorisch Dagblad
welingelichtekringen.nlUganda will soon become the world's newest exporter of crude oil. The African country plans to begin exporting its Pearl Sweet oil in December, the head of the state oil company Uganda National Oil Company reported on Tuesday. The oil from Uganda will then be transported via pipeline to the port city of Tanga in neighboring Tanzania to be exported to buyers in Asia.
Uganda Set to Become World's Newest Oil Exporter in Early 2027
The global list of crude oil exporters will expand with Uganda early next year as the African country is moving closer to first oil from a project whose crude will flow through a new pipeline to Tanzania's coast. Landlocked Uganda, where France's supermajor TotalEnergies and China's CNOOC have been developing the Tilenga and Kingfisher oil fields, will become a crude oil exporter in early 2027, the country's officials say. Uganda National Oil Co…
A new player is entering the global oil market. Uganda is set to become the latest exporter of this commodity, reports Bloomberg. Commercial deliveries of Pearl Sweet crude oil will begin in December.
Uganda is preparing to become the world's new oil exporter. Commercial supply of oil brand Pearl Sweet will begin in December and will increase to 230,000 barrels per day over three years.
Uganda appoints Vitol to market crude oil ahead of planned exports
Kampala, Uganda | Xinhua | Uganda has appointed global energy and commodities trader Vitol to market the country’s crude oil allocation ahead of planned exports early next year, the Uganda National Oil Company (UNOC) said Monday. According to a statement issued by UNOC, Vitol will market the crude oil allocation belonging to the Ugandan government … The post Uganda appoints Vitol to market crude oil ahead of planned exports appeared first on The…
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