Uganda Seeks Investors for 5 Oil Blocks: Energy Minister

The video discusses Uganda's efforts to attract foreign investment in its petroleum sector, highlighting the issuance of production licenses and the involvement of international oil companies. It also covers the ongoing process of selling oil and gas licensing rights, with significant investments required for exploration and production. Additionally, the video emphasizes Uganda's renewable energy potential, including hydropower, solar, and geothermal resources, and the establishment of a regional power pool to enhance sustainability and industrialization.

What is the main goal of Uganda's visit to Dubai as mentioned in the video?

• To promote tourism in Uganda

• To attract investors for Uganda's petroleum resources

• To establish diplomatic relations with Dubai

• To explore new trade opportunities

How many international oil companies are currently involved in Uganda's petroleum sector?

• Five

• Three

• Nine

• Seven

By when does Uganda expect to conclude the second round of oil and gas licensing?

• In five years

• In two years

• By the end of next year

• By the end of this year

What is the estimated amount of crude oil Uganda expects to recover from its reserves?

• 10 billion barrels

• 6 billion barrels

• 3 billion barrels

• 1.4 billion barrels

Which renewable energy source is NOT mentioned as being harnessed in Uganda?

• Wind energy

• Hydropower

• Geothermal energy

• Solar energy