Uganda and regional Government lawyers handling oil and gas deals are set to converge in Kigali, Rwanda to sharpen their skills on policy frameworks and transactions.
East African Development Bank (EADB) will host the training, attracting public sector lawyers from Kenya, Tanzania, Rwanda, Burundi and Uganda. It will be conducted jointly with global law firm, DLA Piper and its non-profit affiliate New Perimeter.
Most of the Government of Uganda lawyers came into prominence when the State versed Heritage Oil involving the payment of a capital gains tax ($434
million) on the sale of its oil exploration rights to Tullow Oil for $1.45 billion.
Uganda, which has confirmed oil deposits of about 3.5 billion barrels, wants to extract at least 1.2 billion barrels over the next three decades. That figure could rise when more oil blocks are put up for exploration later this year, potentially making Uganda one of Africa’s top oil producers.
Current estimates of Uganda’s oil wealth are based on about 40 per cent exploration of an ecologically sensitive area around Lake Albert on the border with Congo.
The training kicks off on March 9 and ends March 14.