Crafting an Oil Revenue-Sharing Mechanism for Uganda
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Date
2009
Journal Title
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Volume Title
Publisher
Advocates Coalition for Development and Environment ACODE
Abstract
The discovery of commercial oil deposits in Uganda makes the country strategically important not only in the Great Lakes Region but also in international affairs. As one of the leading oil producers, Uganda will be expected to join the Organization of the Petroleum Exporting Countries (OPEC) which would makes it a key player in international politics. OPEC members include; Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.2 As Uganda prepares to start drilling and refining petroleum, one looming question is how the country will manage oil revenues
and the challenges associated with oil-producing countries in a manner that promotes equity, sustainable development and political stability.
Description
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Citation
Muhwezi, et.al, (2009). Crafting an Oil Revenue-Sharing Mechanism for Uganda: A Comparative Analysis. ACODE Policy Research Series, No. 30, 2009. Kampala.