APA-Kampala (Uganda) An energy consultancy firm – PFC Energy – that was recently tasked by the government of Uganda to carry out research and advise on the viability of the partnership between Uganda and three oil companies in the exploration and exploitation of the oil resource in the country, has handed over its report.
APA learns here on Friday that the Ugandan authorities received the report on Wednesday from Mr. Michael Rodgers who is PFC Energy partner for Asia who also led a delegation of consultants.
APA learns here on Friday that the report was handed over to the Ministry of Energy since Wednesday by Michael Rodgers of PFC Energy Partner for Asia, who also led the delegation of consultants.
Sources say that Mr Rodgers indicated that the partnership between the government of Uganda and the three petroleum companies – Tullow, Total and CNOOC – is beneficial as it will bring immense capacity to the development of the Ugandan energy sector.
Mr. Rodgers noted that the benefits of the partnership would include building of a strong financial capability, strong and advanced technological position, and a motivation to develop the oil resources quickly and more efficiently as well as provision of extensive large scale project management skills, among others.
The report calls on the government to give priority to the issues pertaining to safeguards in matters of training, cost control and employment to ensure safe and secure operations.
Commenting on the report, Mr. Rodgers noted that the partnership between Uganda and the three oil companies would go a long way in consolidating potential benefits.
“One way of consolidating all potential benefits would be the creation of a national energy hub and the proposed TTC (Tullow, Total, CNOOC) partnership, provides the best catalyst of achieving this objective”, he said.
APA leans here that the Ugandan authorities, led by Energy Minister Hilary Onek, commended the consultants on their findings and said that the government would study and put them into consideration.
PFC Energy is a consultant group that specializes in strategic advisory in global energy issues.
The group has previously carried out consultancy for energy companies in Asia, Europe, North America and the Middle East. In Africa, the group has been active in the Sudan for the past 20 years.
JM/daj/APA
2010-06-04
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