https://en.sputniknews.africa/20240216/uganda-explores-shifting-oil-imports-through-tanzanias-port-of-dar-es-salaam-1065108173.html
Uganda Explores Shifting Oil Imports Through Tanzania's Port of Dar es Salaam
Uganda Explores Shifting Oil Imports Through Tanzania's Port of Dar es Salaam
Sputnik Africa
President Yoweri Museveni has previously expressed concern about his country's vulnerability to supply disruptions and inflated fuel prices under his country's... 16.02.2024, Sputnik Africa
2024-02-16T15:18+0100
2024-02-16T15:18+0100
2024-02-16T15:30+0100
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Uganda has initiated discussions to alter its oil import pathways, aiming to shift all oil product acquisitions through Tanzania instead of relying on Kenya.Uganda's ministry of energy confirmed the ongoing negotiations with Tanzania to facilitate the importation of all oil products via the port of Dar es Salaam, potentially discontinuing imports through Kenya's Mombasa port.The dissatisfaction with the prevailing system, where Ugandan fuel companies procure 90% of their supplies through associated entities in Kenya, prompted this strategic reconsideration.In response to these challenges, Uganda unveiled plans in November to delegate exclusive supply rights for all petroleum products to a division of the global energy trader Vitol. The total value of Uganda's petroleum product imports in 2022 amounted to $1.6 billion, with the majority sourced from the Gulf region.Initially, the government intended for these imports to continue via Kenya. However, Energy Minister Ruth Nankabirwa disclosed that the Kenyan authorities declined to issue the necessary license for this continuation.She emphasized the importance of establishing a secure petroleum supply route for Uganda's energy needs.
https://en.sputniknews.africa/20240121/ugandas-leader-calls-on-developing-countries-to-work-together-to-achieve-just-economic-world-order-1064725861.html
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Uganda Explores Shifting Oil Imports Through Tanzania's Port of Dar es Salaam
15:18 16.02.2024 (Updated: 15:30 16.02.2024) Muhammad Nooh Osman
Writer/Editor
President Yoweri Museveni has previously expressed concern about his country's vulnerability to supply disruptions and inflated fuel prices under his country's agreement with neighboring Kenya, through which all of Uganda's oil imports are delivered.
Uganda has initiated discussions to alter its oil import pathways, aiming to shift all oil product acquisitions through Tanzania instead of relying on Kenya.
Uganda's ministry of energy confirmed the ongoing negotiations with Tanzania to
facilitate the importation of all oil products via the port of Dar es Salaam, potentially discontinuing imports through Kenya's Mombasa port.
The dissatisfaction with the prevailing system, where Ugandan fuel companies procure 90% of their supplies through associated entities in Kenya, prompted this strategic reconsideration.
In response to these challenges, Uganda unveiled plans in November to delegate exclusive supply rights for all petroleum products to a division of the global energy trader Vitol. The total value of Uganda's petroleum product imports in 2022
amounted to $1.6 billion, with the majority sourced from the Gulf region.
Initially, the government intended for these
imports to continue via Kenya. However, Energy Minister Ruth Nankabirwa disclosed that the Kenyan authorities declined to issue the necessary license for this continuation.
"We are negotiating with the Tanzanian government. The technical teams are talking, and I will be meeting Her Excellency, the president on that," Nankabirwa said.
She emphasized the importance of establishing a secure petroleum supply route for Uganda's energy needs.
