Waiting For Ugandan Development Sanction

Tullow, CNOOC Limited and TOTAL presented a joint development plan concept for the Lake Albert Rift Basin to the President of Uganda and his Government  in July 2012. A Committee was then set up by the Government  comprising representatives of key ministries and the three Operators to discuss the remaining issues in order to progress the Lake Albert Rift Basin development plan with a view to harmonising plans for the development during the first half of 2013. Tullow Oil’s latest official report says that “Constructive discussions are ongoing.