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The Nigerian Norwegian Chamber of Commerce
Uganda’s first oil production is expected in 2021, hitting its peak at around 200,000 bpd by 2026, making the country the fourth largest oil producer in sub-Saharan Africa.
With a stabilised government, numerous tax and financial breaks for investors, the refinery underway, pipeline development and pound for pound one of the most cost effective options for oil extraction available, the Albertine Graben offers a real opportunity.
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