Petroleum Africa
Find us on: 
Monday, January 30, 2023
The Jinja Storage Terminal (JST) that has been managed under a joint venture partnership between One Petroleum Limited (OPL) consortium and Uganda National Oil Company Limited (UNOC) is now fully under the management and operatorship by UNOC with effect from December 23, 2022.
In 2017, UNOC entered into a joint venture partnership with the consortium (One Petroleum limited, One Petroleum Uganda limited, and Mbaraki Bulk Terminal limited) for the operation and management of the JST. The consortium has been operating and maintaining the terminal since 2017.
According to a release from UNOC, OPL has taken a decision to focus on other core businesses within their portfolio in line with their business strategy and as such the partners have reached a mutual consensus and agreement for the consortium to hand over the operation and management of JST to UNOC.
" alt="World Heading for 3-degree C Warming Trajectory, as Political Headwinds Slow the Energy Transition">
" alt="VAALCO Energy Publishes its 2023 Sustainability Report">
" alt="Sound Energy Gets Extra Time on Morocco’s Anoual Exploration Permits">
" alt="Exxonmobil and NBA Africa Launch Jr. National Basketball Association League in Mozambique">
" alt="Africa Finance Corp Invests $14.1 Million in Developing Xlinks’ Morocco-UK Power Project">
" alt="Aminex Bags New Funding Facility">
" alt="BW Energy Announces $150 Million Sale & Leaseback of Mabomo Production Facility">
