“We are therefore confident that as Tullow moves to re-initiate a new sales process, the JVPs will remain committed to fulfilling tax obligations” said Kasande in a statement.
Total’s exploration & production President, Arnaud Breuillac in a statement said despite the termination of this agreement, Total together with its partners CNOOC and Tullow will continue to focus all its efforts on progressing the development of the Lake Albert oil resources.
Tullow's Paul McDade’s statement said the Joint Venture Partners had been targeting a Final Investment Decision for the Uganda development by the end of 2019, but the termination of this transaction is likely to lead to further delay.
In a statement on Thursday evening, Arnaud Breuillac, President Exploration & Production of Total, said: “Despite the termination of this agreement, Total together with its partners CNOOC and Tullow will continue to focus all its efforts on progressing the development of the Lake Albert oil resources.”
Statistics available by Total E&P Uganda indicate that as of October 2018, more than 350 grievances since 2012 have been sorted with the involvement of various stakeholders including district leaders depending on the grievance.
According to Ahabwe, they had proposed to construct a storied structure and stage in the park. He however, says they can’t execute their plans until Saving Grace, a private business company that was contracted to manage the park for a year at Shillings 5 million each month leaves the park.
Ahabwe says the money is meant to finance construction of a one storied structure, public Stage at the public space.
Simon Mashemererwa, one the lead aggrieved traders says that what Municipal council is doing to contempt court’s directive is uncalled for. Mashemererwa says that he will again petition court seeking for help.