Uganda’s cabinet has approved a bill to be tabled in the country’s National Assembly that would cut its reliance on Kenya for fuel imports.
In the proposed bill, the Uganda National Oil Company will be mandated with sourcing and importing petroleum products for oil marketing companies (OMCs) in the country.
In a statement released by the country’s Energy Minister Ruth Nankabirwa Ssentamu, Uganda remarked that the country has in the past months faced costly pump prices and supply challenges following Kenya’s government-government oil deal with Saudi and United Arab Emirates (UAE) firms.
