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General view of the Tema oil refinery near Ghana’s capital Accra March 28, hospital http://dangerdame.com/wp-content/themes/genesis/lib/admin/user-meta.php 2005. REUTERS/Yaw Bibini
Government has issued a Request for Final Offer (RFFO) to the two preferred bidders for the lead investor for the 60, viagra dosage http://chompdigital.com/wp-includes/ms-default-constants.php 000 barrels per day (BPD) oil refinery and related downstream infrastructure.

The RFFO was issued to SK Group led Consortium (South Korea) and the RT Global Resources (Russia) led consortium on 27th October 2014, this according to information from Ministry of Energy.

The Ministry’s Permanent Secretary Mr. Kabagambe-Kaliisa said, “We held preliminary negotiations with SK Group led consortium and RT Global Resources led consortium between August and September 2014. The bidders were then issued with the Request for Final Offer (RFFO) with a submission deadline of 19th January, 2015.”

The preliminary negotiations were necessary to give the bidders clarity on Government’s expectations and also understand their position as investors before they submit their final offers.

Following the negotiations and issuance of the RFFO, the bidders are expected to prepare and submit their refined technical, financial and commercial and legal offers.

Once completed, Uganda's Refinery will be producing 60,000 barrels a day
Once completed, Uganda’s Refinery will be producing 60,000 barrels a day

“They are also expected to document their technical concept design for the refinery, project implementation and operating plans, National content policy and project management teams, among others. They will also detail their financial and long-term business plans and review the terms of the different Project Agreements proposed by Government,” revealed the PS in a document seen by Chimpreports.

He added that the final offers would be evaluated by a team from Government supported by the Government’s Transaction Advisor, Taylor –Dejongh. The winning bidder is expected to be a brief issued Wednesday afternoon

“During the negotiations, the bidders requested for an incentive package and this required additional time for consultations with other line Ministries and Government Agencies,” Mr. Kabagambe-Kaliisa added, explaining the extension in timeline for announcement of the winning bid.

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Upon execution of the different project contracts, the lead investor and Government will constitute a Refinery Company that will take forward the engineering and financing aspects for the development of the refinery.

Uganda’s refinery project is to be developed under a public private partnership (PPP) arrangement with the Government holding 40% equity. It involves development of a refinery in Buseruka Subcounty, Hoima District with a capacity of 60,000 BPD, development of crude oil and product storage facilities on site, as well as a 205-kilometer product pipeline to a terminal near Uganda’s capital city of Kampala.  The first phase of the refinery is expected to be in place by 2018.

 

Over 70% of the Project affected persons in the 29 Square kilometres of that is being acquired for Uganda’s Refinery Project and the rest will be paid by the end of 2014.  In addition, 533 acres of land have been acquired within Buseruka Subcounty for those who opted for resettlement.

Uganda’s Petroleum resources are now estimated at 6.5 billion barrels of oil initially in place from the 21 oil and gas discoveries.   Exploration work has only been undertaken in less than 40% of the Albertine Graben which is the most prospective sedimentary basin in the country.

 
Government has issued a Request for Final Offer (RFFO) to the two preferred bidders for the lead investor for the 60, ed http://contemporarydancevideos.com/wp-content/themes/videozoom/functions/wpzoom/components/video-thumb.php 000 barrels per day (BPD) oil refinery and related downstream infrastructure.

The RFFO was issued to SK Group led Consortium (South Korea) and the RT Global Resources (Russia) led consortium on 27th October 2014, click http://compuaprende.com/components/com_community/templates/jomsocial/layouts/ajax.mood.php according to information from Ministry of Energy.

The Ministry’s Permanent Secretary Mr. Kabagambe-Kaliisa said, “We held preliminary negotiations with SK Group led consortium and RT Global Resources led consortium between August and September 2014. The bidders were then issued with the Request for Final Offer (RFFO) with a submission deadline of 19th January, 2015.”

The preliminary negotiations were necessary to give the bidders clarity on Government’s expectations and also understand their position as investors before they submit their final offers.

Following the negotiations and issuance of the RFFO, the bidders are expected to prepare and submit their refined technical, financial and commercial and legal offers.

Once completed, Uganda's Refinery will be producing 60,000 barrels a day
Once completed, Uganda’s Refinery will be producing 60,000 barrels a day

“They are also expected to document their technical concept design for the refinery, project implementation and operating plans, National content policy and project management teams, among others. They will also detail their financial and long-term business plans and review the terms of the different Project Agreements proposed by Government,” revealed the PS in a document seen by Chimpreports.

He added that the final offers would be evaluated by a team from Government supported by the Government’s Transaction Advisor, Taylor –Dejongh. The winning bidder is expected to be a brief issued Wednesday afternoon

“During the negotiations, the bidders requested for an incentive package and this required additional time for consultations with other line Ministries and Government Agencies,” Mr. Kabagambe-Kaliisa added, explaining the extension in timeline for announcement of the winning bid.

Upon execution of the different project contracts, the lead investor and Government will constitute a Refinery Company that will take forward the engineering and financing aspects for the development of the refinery.

Uganda’s refinery project is to be developed under a public private partnership (PPP) arrangement with the Government holding 40% equity. It involves development of a refinery in Buseruka Subcounty, Hoima District with a capacity of 60,000 BPD, development of crude oil and product storage facilities on site, as well as a 205-kilometer product pipeline to a terminal near Uganda’s capital city of Kampala.  The first phase of the refinery is expected to be in place by 2018.

 

Over 70% of the Project affected persons in the 29 Square kilometres of that is being acquired for Uganda’s Refinery Project and the rest will be paid by the end of 2014.  In addition, 533 acres of land have been acquired within Buseruka Subcounty for those who opted for resettlement.

Uganda’s Petroleum resources are now estimated at 6.5 billion barrels of oil initially in place from the 21 oil and gas discoveries.   Exploration work has only been undertaken in less than 40% of the Albertine Graben which is the most prospective sedimentary basin in the country.

 


The Buganda Premier Charles Peter Mayiga has praised the late Margaret Nabagereka Pulle one of his mentors and a strong pillar in the establishment of Centenary Bank.

Premier hailed fallen Margaret for her role together with others; Simeon Lutaakome, see http://creativecommons.org/wp-content/plugins/jetpack/modules/stats.php Hugh Francis Pulle (RIP), more about  Paul Kateregga,  Vincent Kirabo kya Maria, Emmanuel Mpande and John Ogutu (RIP) who founded Centenary bank, now the second biggest indigenous banking institution.

Mrs Pulle passed on last Saturday after battling a long heart complication. She was survived by 5 children and six grand children.

Children to the deceased laying a wreath

In his message to the mourners at a requiem mass held Wednesdayat Christ the King Church in Kampala, the premier advised the mourners to always celebrate their good times as much as they can despite of the challenges they face in life.

 

The late Nabagereka Pulle
“The late has been a caring mother who has shown us great love ever since we started being close to her. I remember when I had just started serving the Kabaka in 1991; she asked me whether I would be able to manage Mengo affairs.  I told her I wouldn’t be the exception if fellow human beings had managed to do so before.
One of the Daughters Ritah Pulle described their mother as a religious person who had strong faith in her Lord so much so that is everything she did, she would accompany it with a prayer.
The requiem mass was attended by a number of dignitaries from both the central and Mengo government.
Pulle has been survived by five children and six grandchildren Ritah Pulle passed on on Saturday 7th December as a result of a heart problem.

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