The government of Uganda will extend its oil exploration following the signing of exploration agreements with two Australian oil firms on Thursday, Jan. 12th, according to Business Insider. One of the companies is DGR Energy Turaco Uganda Limited, owned by Australia’s DGR Global, for the Turaco exploration area. Information Minister Godfrey Kabbyanga confirmed the reports.
The European Union was assertively against the exploration of oil in certain regions in Africa, especially Uganda which had already initiated an exploration partnership with its neighbor Tanzania and French oil company, TotalEnergies, from the Lake Albert oilfields to the port of Tanga in Tanzania.
The EU argued that such explorations would definitely lead to the displacement of residents in the area and the destruction of lives and properties. However, the Ugandan government reassured the general public that those who may eventually be affected by the East African Crude Oil Pipeline (EACOP) project, would be appropriately compensated.
