Published by
Daily Monitor
Daily Monitor
At least many Ugandans will admit, they have heard so much about oil but not gas. A lot has been said about oil, but less on natural gas. Natural gas has become an increasingly important energy source across the globe. World Bank projections indicate it is expected to become the second most used energy source worldwide by 2025, more important than coal. For now, Uganda is estimated to have at least 500 billion cubic feet of natural gas stored underground, alongside the six billion barrels of oil, of which 1.4 billion barrels are commercially recoverable. However, according to Ernest Rubondo, t…