It will be very interesting to see who is the first to try to pull this wealth out from under the Ugandans. all of the debt collectors will be there with their hands out after the oil companies offer to help with the extraction( for probably about 70-90% ). then Uganda will be back to square one( poor again).
@vikingsownpackers March 2010, Too Late. New IMF-Supported Program Will Strengthen Uganda’s Policy Design and Implementation Capacities in the Transition to Oil. A mission from the African Department of the International Monetary Fund (IMF) visited Uganda during March 4-17, 2010, to conduct the seventh and final review under Uganda’s Policy Support Instrument (PSI) and reach understandings on a policy framework ...... They are OWNED by the Western elite through the World Bank.
Uganda: Oil Reserves Rival Saudi Arabia's, Says U.S. Expert Uganda's oil reserves could be as much as that of the Gulf countries, a senior official at the US Department of Energy has said. Based on the test flow results encountered at the wells so far drilled and other oil numbers, Ms. Sally Kornfeld, a senior analyst in the office of fossil energy went ahead to talk about Uganda's oil reservoirs in the same sentence as Saudi Arabia.
am sorry dude ur the next one now after gadafi the americans will come after your oil claiming to remove you from power
blastking2006 8 months ago
should build up infrastructure with at least 60% of their own oil
tech4156 1 year ago
It will be very interesting to see who is the first to try to pull this wealth out from under the Ugandans. all of the debt collectors will be there with their hands out after the oil companies offer to help with the extraction( for probably about 70-90% ). then Uganda will be back to square one( poor again).
regtracker 1 year ago
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fittingciobb 1 year ago
Recent bomb blasts connected to this?
TheHairyHeart 1 year ago
@TheHairyHeart I think so, we'll see.
IranContraScumDid911 1 year ago
lets hope they can make alot of money off this and become independent of West aid. All these 3rd world countries need something like this
vikingsownpackers 1 year ago
@vikingsownpackers March 2010, Too Late. New IMF-Supported Program Will Strengthen Uganda’s Policy Design and Implementation Capacities in the Transition to Oil. A mission from the African Department of the International Monetary Fund (IMF) visited Uganda during March 4-17, 2010, to conduct the seventh and final review under Uganda’s Policy Support Instrument (PSI) and reach understandings on a policy framework ...... They are OWNED by the Western elite through the World Bank.
IranContraScumDid911 1 year ago
Uganda: Oil Reserves Rival Saudi Arabia's, Says U.S. Expert Uganda's oil reserves could be as much as that of the Gulf countries, a senior official at the US Department of Energy has said. Based on the test flow results encountered at the wells so far drilled and other oil numbers, Ms. Sally Kornfeld, a senior analyst in the office of fossil energy went ahead to talk about Uganda's oil reservoirs in the same sentence as Saudi Arabia.
IranContraScumDid911 1 year ago