Uganda Plans Oil Refinery Startup

Published: 08 Oct, 2025 08:44 Sources: S1 S2 Category: Business Language: English Country: Uganda

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Uganda will start operations at its $4 billion oil refinery between late 2029 and early 2030. The 60,000-barrel-per-day facility in Kabaale, Hoima District, will be jointly financed by Uganda National Oil Company (40%) and UAE-based Alpha MBM Investments (60%). The project will include petrochemical and gas processing units. Supporting infrastructure is already planned. The refinery aims to boost exports to East African markets.