Final Investment Decision (FID) on the oil and gas sector 

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Final Investment Decision (FID) on the oil and gas sector 

February 7, 2022 12:51 am | Published by admin

In the picture from left to right is Mr. Bashir Twesigye of Civic Response for Environment and Development (CRED); Mr. Bazira Henry Mugisha of Water Governance Institute; Ms. Winnie Ngabirwe of Global Rights Alert; Mr. Frank Tumusime of Anarde; Mr. Onesmus Mugyenyi of Advocates Coalition for Development and Environment (ACODE); and Mr. James Muhindo Coordinator of Civil Society Coalition on Oil & Gas (CSCO).

On 1st February 2022, all roads led to Kololo Memorial Grounds for the Final Investment Decision (FID) on the oil and gas sector where the country is expected to produce 230,000 barrels of oil per day; which is expected to boast the economic growth of this Nation.

The President of Uganda, H.E. Yoweri Kaguta Museveni and Tanzania’s Vice-President Dr. Philip Isdor Mpango who represented President Samia Suluhu Hassan officiated this ceremony, and were as a witness for this long awaited agreement/decision.