Response to Hussein Lumumba Amin on Government of Uganda’s Take from the Oil and Gas Sector

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By Ali Ssekatawa The assertion that Uganda got a bad deal from the oil and gas projects and will only earn $5 per barrel is not only factually wrong but does not make logical sense. Mr. Hussein Lumumba Amin ignorantly mixes up the economics of the upstream with the midstream. To understand Government’s expected take/revenue from the sector, these two segments of the petroleum value chain must

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