Oil refinery, Uganda

30th April 2010 By: Tamsyn Graumann

Name and Location
Oil refinery, Uganda.

Project Description
The project is the first oil refinery project in Uganda. It comprises the construction of an oil refinery with a 150 000-b/d capacity that will process Ugandan crude.

Value
The project is expected to cost $2-billion.

Duration
The feasibility study is scheduled for completion by June 2010.

Client
The government of the Republic of Uganda.

Key Contracts and Suppliers
Foster Wheeler (feasibility study).

Latest Developments
Foster Wheeler's Global Engineering & Construction Group has been awarded a contract to undertake the feasibility study for the development of the oil refinery. Work will include development of the location and configuration of the refinery, as well as the assessment of options for the oilfield development, crude transportation and the evaluation of the relative economics of developing the new refinery compared with alternative options. The value of the feasibility study contract has not been disclosed.

Countries like China, Libya and Iran have expressed an interest in partnering with Uganda in the construction of the oil refinery.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Foster Wheeler investor relations vice-president Scott Lamb, tel +1 908 730 4155 or email scott_lamb@fwc.com.
The government of the Republic of Uganda, tel +256 41 231900, fax +256 41 346 102 or email info@statehouse.go.ug.