A delegation of the government of Uganda led by Irene Nafuna Muloni, minister of energy and mineral development, met Albertine Graben Refinery Consortium (AGRC) for the project of the refinery from 60,000 bpd to Kabaale in Hoima district
The initiative is in line with the landlocked East African nation’s oil and gas development plans.
The consortium comprises YAATRA Africa, LionWorks Group and Baker Hughes General Electric (BHGE) and is supported by Saipem Spa as a service provider for the execution of both the FEED and EPC phases of the project.
During the meeting, which was held at Saipem’s head office in San Donato Milanese, Muloni approved the proposal for a technical solution developed by Saipem, as contemplated in the project framework agreement (PFA) signed in April 2018 between the Ugandan Government, the AGRC consortium and Saipem Spa.
The Minister also congratulated the AGRC consortium for the achievement of this important milestone in the agreed time.
Saipem was represented by, Maurizio Coratella, chief operating officer of the Onshore E & C division, who expressed his satisfaction with the project and its progress.
Rajakumari Jandhyala, CEO of YAATRA Africa, leader of the consortium, confirmed that all the preparatory activities have been completed to achieve this milestone and that at this point, with formal approval, the AGRC can commence with the next phase of development of the FEED, i.e. the front‐end engineering after the study of conceptual design or feasibility.
AGRC confirmed that the consortium, in compliance with the PFA, aims to ensure the completion of all pre‐FID activities that are commercially vital for the construction of the refinery, while working toward the Final Investment Decision, expected by the end of next year.