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Vol 50 No 8

Published 17th April 2009


Uganda

Oil without borders

The drama surrounding oil reserves on the Ugandan and Congolese sides of Lake Albert came to an end in April with London's Heritage Oil and Gas and Ireland's Tullow Oil still the main protagonists. Uganda's confirmed reserves, currently less than a billion barrels, will not make the country a leading exporter but will substantially increase government revenue.

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