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CSOs warn of illicit financial flows in oil and gas industry

CSOs warn of illicit financial flows in oil and gas industry
monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.

United Kingdom , Lake Victoria , Tanzania General , South Africa , Aminah Bukenya , Gloria Sebikari , Onesmus Mugyenyi , Joanne Jones , Brian Nahamya , Ablertine Graben , Alex Tumuhimbise , Buganda Oil , National Environment Management Authority , Africa Crude Oil Pipeline , Cnooc Uganda , Economic Development , Organisation For Economic Cooperation , Coalition For Development , African Tax Administration Forum , Civil Society Coalition On Oil , International Secretariat , Extractive Industries Transparency Initiative , Petroleum Authority Of Uganda , China National Offshore Oil Corporation , Members Of Parliament , East African ,

There's more that can make EACOP a better infrastructure

There’s more that can make EACOP a better infrastructure
July 7, 2021
President Museveni signs the oil agreements
On April 11, 2021, there was excitement at State House in Entebbe as key project agreements for the East African Crude Oil Pipeline (EACOP) were signed.
Three tripartite agreements were signed which included the Uganda Host Government Agreement (HGA), the Shareholders Agreement (SHA), and the Tariff and Transportation Agreement (TTA).
The shareholders in the EACOP project are the Uganda National Oil Company (UNOC); the joint venture partners (Total Energies and Cnooc Uganda Limited); and the Tanzania Petroleum Development Corporation (TPDC). The Tanzania Host Government Agreement was signed on May 20 2021. This paved way for the construction of the pipeline. ....

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Stakeholders decry govt secrecy in oil dealings

Daily Monitor
Thursday February 04 2021
The containers of crude oil at the test drilling site of CNOOC in Bunyoro Sub-region on January 24, 2020. CSOs claim the secrecy in the oil and gas sector is fueling corruption. PHOTO | FILE
Summary
According to the CSOs, failure to avail the details of production sharing and double taxation agreements also bar the public from scrutinising the management of the sector.
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Civil society organisations (CSOs) and other stakeholders have expressed concern over what they describe as government’s continued secrecy in the oil and gas sector, saying it fuels grand systemic corruption and tax evasion.
According to the CSOs, failure to avail the details of production sharing and double taxation agreements also bar the public from scrutinising the management of the sector. ....

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Candidates should prioritise compulsory land acquisition

Daily Monitor
Friday January 08 2021
James Muhindo
Since 2014 when President Museveni was quoted to have mooted the idea of compulsorily acquiring land at the National Conference on Mineral Wealth, the debate has raged on and remains unsettled to date.
Whereas the Presidents’ proposal related to granting investors access to mineral-rich land, a position that is backed by Article 244 of the Constitution, the compulsory land acquisition conversation has since extended to other government projects and public works.

According to the Ministry of Lands, this move is informed by concerns from the Executive over delays of infrastructure and extractives projects due to prolonged land acquisition processes. ....

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Uganda: Govt Pushes for Compulsory Land Acquisition in Buliisa

Uganda: Govt Pushes for Compulsory Land Acquisition in Buliisa
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

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