π Tender Overview
Government of Uganda plans to develop a 60,000 barrels of oil per day refinery at Kabaale, Buseruka Sub-County in Hoima District.
The Uganda Refinery Project includes:
the refinery to be located at Kabaale in Hoima,
a 211 km long multi-products pipeline that will evacuate refined products from the refinery to a storage terminal at Namwabula, Mpigi District
the Mbegu Water Intake and its corresponding water pipeline and,
the storage terminal itself, for the refinery products located at Namwabula in Mpigi District.
The entity, which is led by His Highness Sheikh Mohammed bin Maktoum bin Juma Al Maktoum, a member of the Dubai Royal Family, will partner with the Uganda National Oil Company (UNOC) to develop the refinery.
The refinery project is planned to have a debt-to-equity ratio of 60: 40 respectively, implying that that 60% funding to the oil refinery will be a debt whereas 40% will be equity.