{"id":17235,"date":"2026-02-24T12:15:25","date_gmt":"2026-02-24T12:15:25","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/17235\/"},"modified":"2026-02-24T12:15:25","modified_gmt":"2026-02-24T12:15:25","slug":"uganda-national-oil-secures-us2-bil-loan-from-vitol-britain","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/17235\/","title":{"rendered":"Uganda National Oil secures US$2 bil loan from Vitol Britain"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/02\/7b8ead376fae84f84e415a3e72e62094.jpeg\" alt=\"\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-lglytj  loaded\"\/>     <\/p>\n<p class=\"yf-vbsvxt\">The loan will unlock key projects across the petroleum value chain, the Kampala-based company said in a\u00a0statement\u00a0on X.<\/p>\n<p class=\"yf-vbsvxt\">(Dec 21):\u00a0Uganda National Oil Co\u00a0(UNOC) said it secured a US$2 billion ($2.58 billion) loan from Vitol Bahrain EC to fund its strategic national infrastructure and investments over a seven-year period.<\/p>\n<p class=\"yf-vbsvxt\">The loan will unlock key projects across the petroleum value chain, the Kampala-based company said in a\u00a0statement\u00a0on X. Key projects include the greenfield storage terminal in Mpigi District, near the capital; expansion of the petroleum terminal in Jinja, in the east; and products pipeline extension from neighbouring Kenya, it said.<\/p>\n<p class=\"yf-vbsvxt\">Other national and regional logistics infrastructure in line with government\u2019s economic transformation agenda will also be considered, UNOC said.<\/p>\n<p class=\"yf-vbsvxt\">Uploaded by Liza Shireen Koshy<\/p>\n<p class=\"yf-vbsvxt\">See Also:<\/p>\n","protected":false},"excerpt":{"rendered":"The loan will unlock key projects across the petroleum value chain, the Kampala-based company said in a\u00a0statement\u00a0on X.&hellip;\n","protected":false},"author":2,"featured_media":17236,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[125],"tags":[11945,11948,11949,11947,158,11946],"class_list":["post-17235","post","type-post","status-publish","format-standard","has-post-thumbnail","category-vitol","tag-national-infrastructure","tag-petroleum-terminal","tag-unoc","tag-value-chain","tag-vitol","tag-vitol-bahrain-ec"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/17235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=17235"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/17235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/17236"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=17235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=17235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=17235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}