Minister Nankabirwa reassures MPs, reassures the nation
Uganda is better off than Kenya in terms of oil and fuel matters, according to the Minister of energy and Mineral Development Ruth Nankabirwa Sentamu.
She was responding to concerns raised by members of the Environment and Natural Resources Committee about Ugandans’ worries regarding developments in the Middle East, where oil is sourced, and the Strait of Hormuz, through which it passes, following a question from committee chairperson Herbert Ariko.
What’s happening?
She reassured the nation that as of the end of last month, Uganda had 81 million litres of petrol, 80 million litres of diesel, and 18 million litres of jet fuel (Jet A-1) — with petrol covering 22 days, diesel 23 days, and jet fuel 30 days.
What’s next?
Looking ahead to April, the minister said there are 52 million litres of petrol, 44 million litres of diesel, and 39 million litres of jet fuel expected to enter the country.
Currently, there is enough gasoline (petrol) to keep the country running for another 55 days.
She said there is currently no need to increase fuel prices, despite speculation that prices might rise due to the conflict between Iran and America.
The government is in talks with fuel suppliers, who have assured stability of these prices.
She added that the government remains committed to ensuring the successful extraction of first oil by October of this year.
The minister has been leading other officials in discussing achievements in the sector during the 2025/2026 fiscal year, and the funding requirement of 2.282 trillion shillings for the 2026/2027 financial year.
