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SUPPLY
Very few wells had been drilled in Uganda up to 2004 when
exploration began again in the Albert Graben, in and adjacent to the
Albert Lake, near the border with Congo (Kinshasa) within the western
branch of the East African Rift System.
Several oil fields have now been discovered and oil production is
forecast to begin in early 2011 rising to a peak after 2020.
DEMAND
Uganda, a country which is now relatively stable compared
to others in this region, has seen growing oil consumption over the last
few years and this is likely to pick up after 2011 when indigenous oil
comes available.
Uganda has no access to a gas supply.
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