Uganda and TotalEnergies on Tuesday signed a deal that will see the French company explore opportunities and develop renewable energy projects in response to the global push for clean energy.
The deal was inked in Kampala, as part of the long awaited Final Investment Decision (FID) for the Uganda-Tanzania crude oil pipeline, Kingfisher and Tilenga oil projects in the Lake Albert region.
Uganda’s Energy Minister Ruth Nankabirwa signed on behalf of Uganda government, while TotalEnergies General Manager/Country Chairman Philippe Groueix signed on behalf of the French firm.
The memorandum of understanding will see the company produce Liquefied Petroleum Gas (LPG) and also deploy large-scale renewable energy technologies to identify areas of commercial investment.