President Yoweri Museveni has received the prestigious Person of the Year Award from London- based Energy Year Publication.
In an event that took place at State House, Entebbe today, Friday 14th October, 2022, the award was presented by the Global Government Relations Director, Ms. Brindusa Negrea who had paid a courtesy call on the President.
This was in reference to the Energy Year’s latest edition on Uganda’s progressing energy industry.
H.E the President appreciated Energy Year Publication for recognising his able and exceptional leadership.
“Thank you for recognising my efforts in steering Uganda’s development,” Gen. Museveni acknowledged.
Ms. Negrea said that President Museveni was given the award in appreciation for the many developmental milestones orchestrated by his administration, including the unlocking of Uganda’s oil and gas potential and securing early 2022’s Final Investment Decision (FID) – the single largest investment in the country’s history at USD 15 billion-20 billion, representing around half of its current Gross Domestic Product (GDP).
She observed that the international community is closely monitoring the next steps in Uganda’s journey to the first oil in 2025.
Ms. Negrea added that Energy Year could not be more exited to support President Museveni’s Presidency in its ambitious quest of cementing the country’s position as the hottest inland exploration frontier in the region for a long time to come.
On the other hand, the Global Government Relations Director also presented The Energy Year’s latest edition on Uganda’s burgeoning energy industry, “The Energy Year Uganda 2022”, and discuss the panorama for international investors.
This special edition of The Energy Year’s Uganda series is dedicated to highlighting the key drivers behind the nation’s economic growth of recent decades and to showcase the latest developments shaping its energy industry.
“With the FID having been taken on onshore oilfields around Lake Albert, the international investment community is closely monitoring the next steps in Uganda’s journey to its first oil in 2025,” Ms. Negrea said.
The Energy Year is a global networking and communication firm, providing first-hand business intelligence on emerging energy.
Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
