UGANDA Tax wars: truce between Tullow-Total-Cnooc and Museveni?

摘要

The end of the fiscal fracas couldspell the announcement of the muchanticipatedFID for the developmentof Uganda’s Lake Albert fields.Tullow Oil, Total and Cnooc’s severe staffcuts to their workforce in Kampala and Hoïma,a town near Lake Albert, seemed to be a signthat the three oil firms were resigned to afreeze on all negotiations with the Ugandanadministration. Yet, against all odds, Uganda’sminister of energy Mary Goretti Kitutu andher teams have found common ground withthe trio over the fiscal terms for the Lake Albertdevelopment project. President YoweriMuseveni’s crisis meeting in January to finda compromise.