• Where is the Uganda Oil Refinery located?
  • The Uganda Oil Refinery, with a capacity of 60,000 barrels per day, is planned to be located in Kabaale, Buseruka sub-county, Hoima District, on the Eastern shore of Lake Albert in the Western Region of Uganda. On 10 April 2018, the Consortium signed a definitive agreement with the government of Uganda to design, develop, finance, construct, operate, and maintain the refinery.
  • Will Uganda’s planned oil refinery be profitable?
  • Uganda¡¯s planned oil refinery will have several benefits for the country, including for its security of fuel supply and balance of payments. The refinery could be reasonably profitable, generating an internal rate of return of 13 percent in a baseline scenario.
  • Will the government take a large equity stake in Uganda’s Oil Refinery?
  • The government¡¯s plan to take a large equity stake in the oil refinery is risky and may be unnecessary. French supermajor Total and Chinese state oil company CNOOC decided to go ahead with Uganda¡¯s first oil project at the start of February 2022.
  • Where is Uganda’s crude oil being pumped?
  • At another Ugandan oil field – still close to Lake Albert but 100km north-east of Kingfisher – dozens of earthmovers criss-cross a construction site for TotalEnergies’ processing facility. This is where the crude oil will be cleaned of impurities and separated from gas before being pumped to a refinery about 100km away.
  • What is Albertine Graben refinery consortium (AgrC)?
  • The Albertine Graben Refinery Consortium (AGRC) is a consortium of 4 international companies that agreed in 2018 with the government of Uganda to invest in, construct, operate, and co-own the Uganda Oil Refinery on the Eastern shore of Lake Albert.
  • Should Uganda build a larger refinery?
  • The main reason for the high cost of Uganda¡¯s refinery is its relatively small size, which prevents economies of scale. Projects tend to generate these scale economies only with a capacity of at least 100,000 bpd. However, building a larger refinery would probably not be to Uganda¡¯s advantage either.