04
Jul
The Ugandan government has initiated the direct bulk importation of petroleum products, marking a significant shift in its fuel supply strategy. The first consignment, carried by Mt. Navig 8 Martinez, arrived with 58,000 metric tonnes of petrol in Mombasa, imported by the Uganda National Oil Company (UNOC) since its establishment in 2015. This new government initiative through UNOC aims to lower petroleum prices by streamlining distribution to oil marketers within Uganda, effectively locking out many previous importers. Uganda selected Kenya over Tanzania for its modern oil handling infrastructure, following the launch of the KSh40 billion new Kipevu Oil Terminal (KOT)…