We’re on course for 2020 oil prodcution, Minister Muloni

By Ritah Kemigisa

Energy minister Irene Muloni has maintained that the target for the first oil to be produced by 2020 still stands.

Addressing journalists ahead of the energy week which kicks off on 11th to 16h September, Muloni says the ministry is still in the first track mode adding that progress is being made on most projects as outlined in the road map.

Her remarks come amid growing concerns that the country might not meet the set target given the fact that global oil prices fell, a drop that forced oil companies such as Tullow Oil and Total to cut back on their expenditures.

Muloni however assures Ugandans that by 2020 the country will be able to have its first oil, adding that come next month the President of Uganda and his Tanzanian counterpart will be in Hoima for the Tanga pipeline ground breaking.