Total E&P Uganda Staff: “Re: Call for Action at 10.00 a.m. on Wednesday 1st February 2017”

total-01-03-2017

Total to acquire an additional 21.57% interest from Tullow in the Uganda Lake Albert Project (09.01.2017)

totaleandp-700x860
Paris, January 9, 2017Total and Tullow have entered into a package agreement under which Total will acquire an additional 21.57% interest from Tullow in the Uganda Lake Albert oil project. 
Following this transaction, Total will hold a 54.9% interest, strengthening its position in this competitive project and paving the way for a project sanction in the near future.
The overall consideration paid by Total to Tullow will be $900M, representing a reimbursement of a portion of past costs, payable in installments along the development of the project, with an initial payment of $100M at closing.
 “Following the agreement on the Tanzanian export pipeline route, this transaction gives Total a leadership position to move this project efficiently toward FID in the current attractive cost environment, while providing strong alignment and a pragmatic financing scheme for our partner Tullow,” said Patrick Pouyanné, Total Chairman and CEO. “Our increased share in the Lake Albert project will bring significant value to Total and fits with our strategy of acquiring resources for less than 3$/b with upside potential.
Under the terms of the deal, Total will acquire 21.57% out of Tullow’s existing 33.33% stake in all of the Lake Albert project licenses EA1, EA1A, EA2 and EA3A. Total, which is already operator of licenses EA1 and EA1A, will in addition take over operatorship from Tullow of license EA2, enabling significant efficiency gains and synergies.
Closing of the transaction is subject to customary regulatory and government approvals and to partner pre-emption rights.
Total in Uganda:
Total has been present in Uganda since 1955 in Marketing and Services with today over 150 service stations across the country and an overall market share of 24%. It is present in Upstream oil since 2011 after acquiring from Tullow a 33.33% interest in the licenses EA1, EA1-A, EA2, and EA3 covering the Lake Albert Oil discoveries. Total is then approved by the Government of Uganda to operate oil exploration and production activities in licenses EA1 and EA1-A
In April 2016, the Government of Uganda decided to export the Lake Albert oil through a pipeline (EACOP) via Tanzania to the port of Tanga. And in August 2016, the production licences for EA1 and EA2 were formally granted. The Uganda Joint Venture is now commencing the FEED (Front End Engineering and Design) phase for the Upstream and the EACOP pipeline.

Uganda: Joint Venture Partners (CNOOC, Total and Tullow) receive for Approvals and Production Licenses for Exploration Area 1 and 2 (30.08.2016)

uganda-oil-sep-2016-p1uganda-oil-sep-2016-p2

Press Statement: Earth Quake in Uganda (10.09.2016)

kampala10092016

KAMPALA, SEPTEMBER 10, 2016 – On September 10, 2016 at 3:28 PM, an earthquake occurred in the Lake Victoria region.

Seismological Stations of the Directorate of Geological Survey and Mines in Entebbe, Ministry of Energy and Mineral Development, measured the earthquake at the magnitude of 5.7 on Richter scale.

The earthquake, which has been felt widely in the central parts of Uganda, had its epicenter at Bukoba in Tanzania is only 47 Km to Entebbe on a straight line.

“The magnitude of 5.7 on Richter scale is moderate and is not likely to cause any serious damage to any sound structures such buildings,” Dr F.A Kabagambe-Kaliisa the Permanent Secretary of the Ministry of Energy and Mineral Development, said. Ends…/

Dr. F.A. Kabagambe-Kaliisa
PERMANENT SECRETARY

Uganda’s Growth in the Era of Oil and Volatility (Youtube-Clip)

“Despite the slump in global oil prices, the start of commercial oil production in Uganda in 2018 offers long-term prospects to diversify the country’s economy and catapult it to upper middle income status in 30 years, according to the country’s new economic memorandum” (World Bank, 2016).

EU Delegations are headless chickens; sorry let me be correct: They are White Zombies with no Character as they are reaffirming their relationship with Uganda!

EU EOM Press conferance

Sometimes I wish I was naïve, blond-dumb and totally stupid. Sometimes I wish I did grasp the movements in politics and was not allergic to bullshit; not that it is shocking that the European Union walking away from Museveni because of ICC statement from Museveni. While they are still wishing to have a cordial cooperation between the Europeans and Ugandan Government, as that what they said today in the Chimps Reports. That was a sad read… and silence hit the room!

The white zombies said this to Ugandan Press:

““In response to press reports, the EU Delegation wishes to put on record that the EU Head of Delegation attended the 12 May inauguration of H.E. President Yoweri Kaguta Museveni, and was honoured to witness the full swearing-in ceremony with other invited guests” (…)”The EU Head of Delegation left the ceremony after the official swearing-in, due to the observed non-cooperation with the International Criminal Court, and for that reason only” (…)”The EU Delegation takes this opportunity to reaffirm its close partnership with the Government and people of the Republic of Uganda” (Mugume, 2016).

Total rig Uganda

Well, the short term memory of these European diplomates who either works directly for Total E&P who is steady waiting for the suspended case at the International Centre for Settlement and Investment Disputes under the World Bank, as it was suspended recently; latest was that the case was suspended and will be considered again when all parties are savvy and that happens on the 18th August 2016; if not when Hon. What’s His Face is selected by President Museveni to run the Ministry of Energy and Mineral Development. But that is then, and must be the priority of having a cordial relationship with Uganda.

As they have all forgotten what the European Union Election Observers Mission found out and should have shunned the Swearing-In ceremony if any of the words in the report was worth typing:

“Vital electoral reforms did not take place prior to the 2016 elections. Proposed amendments to the electoral legislation, compiled under the ‘Uganda Citizens Compact’, aimed at enabling the conduct of democratic elections, including to increase transparency in the appointment of the EC’s members, to restore presidential term limits and to improve parties’ financial accountability, were disregarded by the executive. Consequently, the legal framework contains gaps and ambiguities and therefore, in several instances, falls short of international principles for holding genuine democratic election” (…)”While legislation contains provisions on reporting and disclosure of political finance, these are neither followed by parties and candidates, nor enforced by the EC. This lack of transparency weakens the credibility of the elections” (…) “Consequently, the legal framework contains gaps and ambiguities and therefore, in several instances, falls short of international principles for holding genuine democratic elections” (EU EOM, 2016).

Uganda-Inauguration-1205122016_w540

So, the works of Eduardo Kukan seems to be in vain or only done so he could get a Splash and write a report, while the European Diplomates could go back to busy as normal, only with scrutiny of the ICC comment and trying to leave the election behind. As they now are wanting to this and forgetting their own credible and just had an election that falls short of international principles for holding genuine democratic elections; but that is not important for the European diplomates, because February 2016, is so far away from May 2016. It’s like a life-time in European time and in diplomatic pressure time, as it is such a fuzz to ask for justice and credible elections when you are a donor country and giving aid to the Government of Uganda. It is like President Museveni is right, foreign diplomates and Western diplomates doesn’t have heart to really do scrutiny, unless it is LGBTQ or they we’re detaining white journalists.

These White Zombies who are in it to win it, even if faking it to make it or something like that. What the European Union gains at the moment except for being hypocrites and short-term memory and not having any character, other than weak as sass. Soulless bastards from Europe with no swag and honor of fellow brethren and just throwing the works of even other EU personnel who made time and effort to scrutinize the whole affair of an election and you show up, to the man who held not a genuine election and lack of transparency to reaffirm you partnership with that guy. Are you serious, where do you European Union diplomates stand? Either you are dancing on sea-waves smoking some pot in a shisha or your totally dead-inside, henceforth a Zombie diplomat with no character as you are only there for business of the European nations and not to really stand for anything politically. As the walking away is not really doing anything then looking like kids who didn’t get to play with the cool-kids at the birthday-party; so congrats European Diplomates, you have yet again done a splendid job in Uganda.

Declartion President M7 20.02.2015 P2

 

President Museveni of his Seventh Term looks through you, I a pundit shoots you down and others are calling it theatrics and a stunt with no real value; which I hate to say is true as weak tea need a load of sugar to be tolerable to drink. Time for the European Union to either step-on or step-off as they can’t one day say that the Government of Uganda is cheating their elections, then weeks after wanting to reaffirm relationship with that cheating government; that is not real and shows that the EU Diplomates are only empty suits, zombies with no values and could easily be changed with some Boris Johnson assholes or another numbskull from Amsterdam instead of the ones that are parts of the EU Delegation to Uganda. As these men does not care about European Union Election Observers Mission and cares more about certain known values, as they are funding AMISOM and other missions that Ugandan Government carries out, so that EU doesn’t need to send armies to certain areas on the African continent. Why can’t these Zombies just say that, instead of acting so porous and wage, like cracker on the end of the table instead of hard as rock; they could act as men, but that is not diplomatic in the eyes of the European Union, I guess? Peace.    

Reference:

Mugume, Paul – ‘EU Publicly Recognises Museveni Election’ (19.05.2016) link: http://www.chimpreports.com/eu-publicly-recognises-museveni-election/

European Union Election Observation Mission – ‘Uganda Presidential, Parliamentary and Local Council Elections, 18 February 2016’ (April 2016)

Press Statement from MEMD: Government of Uganda receive seven bids for the First Licensing Round (01.03.2016)

Oil  Press Statement 01.03. P1Oil  Press Statement 01.03. P2

Interesting findings from the AG report on “Central Government and Statutory Corporations” – Part One!

Ugandan shillings

Here I will Travers through the report of Auditor General of Uganda’s Annual Report for the year ended 30th June 2015. This is on: “CENTRAL GOVERNMENT AND STATUTORY CORPORATIONS”. I will take the quotes and stories that seem to show parts of how the Government of Uganda works and what the Auditor General have cared about addressing in this specific report. Take a look! This here is Part one!

What it contains:
“This is Volume two of my Annual Report to Parliament and it covers financial audits carried
out on Central Government Ministries, Departments, Agencies, Universities and Uganda
Missions abroad” (…)”Section 2 presents my findings and audit opinion on Government of Uganda Consolidated Financial Statements including major observations” (P: 25).

kampala road work

Nugatory expenditure:
“Government paid UGX.26.1bn during the period under review as delayed settlements of obligations arising from contracts for construction services, Court awards, and contributions to international organizations etc” (P: 34). Comment: The government has no issues wasting giant sums of settlements it seems, shouldn’t’ there be away to not use the money on these settlements?

Unsustainable pension liability:
“The Ministry of Public Service recorded an outstanding pension and gratuity liability of UGX.199,255,907,539 as at 30/6/2015 (up from UGX.108,681,159,047 as at 30/6/2014). It was noted that the gratuity and pension arrears continue to accumulate, a fact which the Accounting Officer has attributed to inadequate budgetary provisions over the years” (P: 35). Comment: There been press release from the Ministry of Finance, Planning and Economic Development during 2015 doesn’t seem like they want to fix it, instead blame the pensioners. Well, they have learned from their master right?

Understocking of the Government petroleum strategic reserves:
In 2012, the Government of Uganda and a private petroleum company entered into a concessional agreement to refurbish, restock, maintain and manage the petroleum strategic reserve facility at Jinja. Despite the concession requiring the operator to ensure that 40% (12million litres) of the storage capacity of the products is available at all times, I noted during inspection in September 2015, there was only 274,000 litres of petrol and 331,000 litres of diesel in stock compared to the required stock levels of 20,000,000 and 10,000,000 litres respectively” (P: 38). Comment: Doesn’t seem like they follow the guidelines from 2012 and proves that the Governmental agencies doesn’t follow the plans they have or have the procurement to buy what their supposed to. This here is just barely enough considering the use of oil and diesel!

JinjaRoad Roundabout Kampala

Construction of Kampala-Entebbe expressway:
“It was observed that the unit cost for the Kampala-Entebbe expressway was US$ 2.315 million per lane kilometre while the similar expressway was US$ 1.204 million per lane kilometer” (…)”This is less than half of the cost of Kampala-Entebbe Expressway which is US$.9.261 million per Km” (…)”However, a review of the services provided by the consultant’s revealed duplication of activities as the originally recruited private firm serves the same purpose as the international firm” (P: 38-39). Comment: This here has been discussed and been put out there, but still proves the misuse of funds, especially when one of the reasons is that you have two companies that have the same role on the site, instead of only one, and that adds the price per kilometer of roads.

Mismanagement of funds under the Ministry of Local Government (MoLG):
“the diverted funds revealed that UGX.3,827,011,454 remained unaccounted for and UGX.635,621,910 was questioned due to inappropriate accountabilities” (P: 39). Comment: Unaccountable use of funds is a beauty and proves that funds have been used without waivers or accounted for; where it has been used is something that we can ask, but they could by Kit-Kat bars in Masindi or extra bottle of cokes in Lira for all we know.

Abim Hospital 2014 P3

Fixed budget allocation for essential medicines and health supplies:
The annual budget allocation of UGX.218bn for essential medicines and health supplies to all health facilities across the country has remained constant since 2011/2012 despite the remarkable increase in the number of patients” (P: 42). Comment: That the money are stagnate while the amount of patience goes up shows quickly; why the hospitals doesn’t have the necessary medicine? That is the simple reason why they don’t have enough.

Regional coordination and monitoring framework for Northern Corridor Integration
Projects:
For example amounts totalling to UGX4.2bn was disbursed to fund the power interconnection and the Hoima-Lokichar-Lamu oil pipeline. However, the protocols do not provide for regional coordination and monitoring as well as the audit framework to provide an independent assurance on the utilization of joint funds” (P: 43). Comment: Money to a project that don’t have a framework for the regional coordination and can’t utilization of the funds, that means they are just sitting in the fund, without any use or monitoring it.

Compensations of Project Affected Persons (PAPS):
“Review of the compensations for the Project Affected Persons (PAPs) on the two projects of Mukono-Kyetume-Katosi road and LPC Busega revealed inconsistencies in the names of the PAPs appearing in the Chief Government Valuers report and those compensated” (…)”A sum of UGX.1.3 bn paid without resolving the inconsistencies was questionable” (P: 44-45). Comment: That already over-expensive road project that has gone over margin and had issues with the contractors of the road-building. So that the government haven’t compensated the once that lost land where the road where built. Therefore the project is even more expensive, since this will be add-ons to the ones that already registered and billed for.

Budget performance-Budget shortfall:
“21 entities budgeted to receive UGX. 2,272,017,747,273, out of which UGX. 1,481,698,945,173 was received translating into a 65% out-turn for the financial year. This left a funding gap of UGX. 790,318,802,100 (35%)” (P: 55). Comment: This here proves how the budget is underfunding and not procuring from the Ministry of Finance, Planning Economic Development (MoFPED) to deliver the cash in-due time to the projects and other state entities that supposed to get funding to do their work. The ministry with biggest shortfall was the Ministry of Energy and Mineral!

MoFPED – Payment of avoidable interest on VAT:
“It was noted that as of November, 2014, the outstanding VAT obligations for BIDCO stood at UGX.744,420,170, included in this figure was late payment interest charge of UGX.168,747,557. Accordingly, a sum of UGX.700,000,000 was paid to URA towards settlement of the tax arrears” (P: 93). Comment: Bidco got to pay less to cash to URA then expected in a settlement, instead of paying everything they needed as they hadn’t cleared in their VAT. So the government was not getting what they we’re entitled so the company of BIDCO got off cheap.

AfDB STATS

Payment of the fourth instalment under ADB Subscription:
“It was noted that the payment of Uganda’s 4th instalment of UDS.1,293,299 which became due on 16th March, 2015 had not been made. As a result, the callable shares related to the missed instalment had been suspended in line with the Board of Governors resolution on the sixth general capital increase of the bank meeting” (P: 95). Comment: This here proof that they don’t take the place in the Pan-African Bank institution, only take the loans from African Development Bank, but not taking charge in paying dues to it.

Presidential Initiative on Banana Industrial Development (PIBID):
“It was noted that the PIBID project has been operating without an approved strategic plan. The strategic plan is supposed to guide the budgeting process by creating integrated link with the annual work plans which feed into the budget to ensure effective service delivery and achievement of set project objectives” (…)”During the financial year 2014/2015, the PIBID project had a budget provision of UGX.9bn out of which only UGX.2.7bn was released as vote on account and as a result, activities worth UGX.6,682,145,000 were not under taken. (P: 100- 103). Comment: 6,3bn was not released so that is under the double, but not triple of the ones that has procured to the PIBID.

Department of Ethics and Integrity:
“Directorate’s approved structure/establishment indicated that whereas 60 posts were approved, only 46 had been filled by the year-end leaving 14 vacant” (…)”that withholding tax amounting to UGX.4,662,524 due to URA was not withheld from seven (7) service providers and as such, funds were not remitted. Failure to withhold tax exposes the entity to a risk of penalties and interest charges by URA which may lead to nugatory expenditure” (P: 111-113). Comments: This here proves the defaults on the hiring of people in the department and also mismanage off tax.

This here must been seen as interesting; the report is big, so there is more to come. This here will be series with many pieces as the actions of government is to interesting to NOT be put on blast. Peace.

Reference:
Office of the Auditor General – The Annual Report for the Year Ended 30th June 2015 – Central Government and Statutory Corporations 30th June 2015.