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Home Africa

RVR READY TO MOVE UGANDAN OIL

29th October 2013
in Africa, News, Railway
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In terms of current government plans, Uganda expects to be producing oil for local use as well as export by 2017.

 

Experts estimate that commercial oil production from the Albertine region in the west of the country will be about 3.5 billion barrels. Rift Valley Railways (RVR), the concessionaire running the Kenya and Ugandan railways, is gearing up to move the commodity when it comes on stream.

 

 

It was largely with future oil demands in view that RVR recently spent nearly $US2 million reviving the long-defunct 500km of line from Tororo junction to Gulu and Pakwach. RVR director of external affairs Cosma Gatere is quoted saying an additional $15 million is to be allocated towards further improvements over the next two years.

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