Petroleum Africa: Uganda Considers Opening New Basins

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The Ugandan Ministry of Energy and Mineral Development (MEMD) plans to open up another oil basin in the country. The country is going to start exploring for oil in Lake Kyoga in Central Basin and Moroto-Kadama Basin in Karamoja sub-region.

The Ministry is planning to undertake speculative surveys in the two basins, followed by seismic surveys. These basins could be opened for licensing in the future.

Currently Uganda is hosting its first licensing round, offering up six blocks in the already prolific Albertine Basin.