Uganda National Oil Company (UNOC) Limited was established under Section 42 of the Petroleum (Exploration, Development and Production) Act (Upstream Act) and Section seven (7) of the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act (Midstream Act), both of 2013.
Our focus is on building the business and ensuring that the Company grows into an effective and profitable company properly representing and managing State commercial interests.
We are also reviewing opportunities in the oil and gas service industry through strategic partnerships. This, we hope, will not only generate revenue but also help develop in-depth expertise in oil and gas for our people.
To achieve this, we have put in place a five-year strategic investment plan. We are confident that funding for all the projects will be available and in time.
Chairman, Board of Directors