Oil is here for another 40 years, says Museveni

President Museveni and Tanzania’s Samia Suluhu Hassan at State House Dar-es-Salaam on November 27. PHOTO/FILE

What you need to know:

  • President Museveni, who is in Tanzania for a three-day state visit, has held bilateral talks on joint projects, including the EACOP, which will transport Uganda’s crude oil.

President Museveni yesterday weighed in on the polarising debate of fossil fuels and climate change saying oil remains a key resource that cannot be phased out immediately which makes current upstream and midstream projects worthwhile investments.

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