The MPs on the Committee had convened the meeting on Wednesday, 20 July 2022 to find out steps being taken to end the fuel crisis and also to establish the support given to the Uganda National Oil Company – UNOC to support the national oil reserves to avert the fuel crisis.
Joseph Lubega, a fuel retailer, says that fishermen and boat operators spend over Shillings 150,000 on each 20-liter jerrycan up from Shillings 80,000 six months ago. Fishermen use and an average of 20 liters of petrol mixed with engine oil daily and they catch between ten to twenty kilograms of Nile Perch and Tilapia.
Ismail Tobasiima, the Marketing Officer at Stabex International Ltd disclosed that recent research they conducted prior to the project revealed that the 13kg gas cylinder can last three months for an average family with four members.
Tonny Odokonyero, a Research Fellow at the Economic Policy Research Centre (EPRC) says that the influx of people to the Albertine region is causing demand to outstrip supply for meat, vegetables, and milk.
The IEA in a report released in France on Thursday says the debate about the Energy transition due to climate change concerns as well as the soaring energy prices have seen a comeback of nuclear in countries where it was being abandoned due to costs and safety concerns.
PAU's Director of Environment, Health, Safety, and Security, Dr. Joseph Kobusheshe says that whoever is looking at opportunities in the Albertine graben must know that it will not be about making profits at the expense of the environment and livelihoods of the people.
According to the report, the second half of 2021 saw the beginning of the biggest energy crisis in modern history, exacerbated by the Russian Federation’s invasion of Ukraine in early 2022 and unprecedented global commodity shock.
The oil companies say it is up to the government to withhold or release them, while the government say that it agreed, at the proposal by the companies, that not all in the agreement should be open to public viewing, so as to protect them from possible piracy by global competitors.
The Global Economic Prospects Report predicts that Uganda will not escape the slowdown in global growth that has been steepened by Russia’s invasion of Ukraine and its effects on commodity markets, supply chains, inflation, and financial conditions have steepened.
Under the Tilenga Biodiversity Program, TotalEnergies commits to “ensure positive outcomes for biodiversity and communities by applying the mitigation measures “avoid, minimize and restore” impacts. And where they fail to restore the biodiversity, the company will compensate with other activities.
Discovered in 2016, the rare earth elements are essential for the manufacture of medical equipment, smartphones, laptops, crude oil processing, batteries for electric vehicles, and wind turbines. Code named ‘The Makuutu Rare Earths Project’, the project derives its name from Makuutu Sub-County in Bugweri District where the mineral was discovered.
Allan Karemani, the Albertine Regional Manager at Pure-Grow, says it is important that every farmer who wants to supply the oil and gas market registers with the incubator program or any other certified program so that they are monitored and helped from the beginning.
Different engineering firms and their subcontractors have descended on Buhuka in Kikube and Buliisa districts. While there is an impression that many firms are shunning the project over environmental concerns, a number of foreign firms have taken up jobs in the oil fields.