Uganda: Uganda Will Soon Be Exporting Oil - an Energy Economist Outlines 3 Keys to Success

[The Conversation Africa] Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67% of the joint venture partnership and China National Oil Offshore Company (CNOOC) has 28.33%. Through Uganda National Oil Company, the government owns the remaining 15%.