Business

Uganda's First Oil Delayed Again: New Target Set for Mid-2027

Uganda's highly anticipated commercial oil production faces another setback, pushing its timeline to June 2027. This latest revision ignites concerns over the project's consistent delays, raising critical questions about investment stability and economic forecasts for the East African nation. The repeated postponements cast a shadow on Uganda's energy sector ambitions.

AllAfrica - Latest·September 14, 2026AI-curated

[Independent (Kampala)] Kampala, Uganda -- Uganda's long-awaited first commercial oil production is now expected by June 2027, after the government again revised its production timeline, raising fresh questions about a project whose delivery dates have shifted repeatedly over the

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This story was sourced from AllAfrica - Latest and rewritten in SEVA editorial voice. Read the full original at the source.