Uganda National Oil Company has said logistical issues that will be involved in the disposal of the test crude oil assets in the Albertine Graben willl be handled by the buyer of the test crude oil from Hoima to their destinations via means of their choice, and through port of their choice.
“Where the test crude oil passes will really be determined by the location of the buyer," UNOC said in a statement responding to media reports in Kenya suggesting that Uganda will use the Mombasa port despite plans to construct a crude oil export pipeline to Tanga port in Tanzania.
“Uganda is working on transporting all its crude oil through the East African Crude Pipeline (EACOP) from Hoima (Uganda) to Port ofTanga (United Republic of Tanzania), UNOC elaborated, adding, ‘UNOC has no plans of exporting crude oil through the Port Mombasa as reported.’
UNOC is at present in the process of marketing test crude oil extracted from well extended testing activities and currently stored in the Albertine Graben during appraisal period.
in the statemen, UNOC said there is a tender, that was published in major local and regional newspapers, for the sale of the test crude oil and that might have been the basis of the story.
"Interested buyers of the test crude oil assets were required to submit their bids by Friday 9th March 2018 before the evaluation process commenced on Monday 12th to 23rd March 2018.
"Thereafter, the display and communication of best evaluated bidder will commence on Monday 26th March till Tuesday 9th April 2018. It is expected that the contract award will be on Friday 27th April 2018.
"The plan is to sell the test crude oil “as is where is” basis. Whoever purchases it will transport it at their cost and risk to the location of their plant/industry.”