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Uganda plans to start awarding fresh oil and gas exploration licenses next year in its fast growing energy sector, the state-run Petroleum Exploration and Production Department said.

Source: online.wsj.com

This is what you can call, an oil policy/vision:

 

“Uganda imposed a moratorium on oil licensing in 2007, shortly before exploration companies confirmed commercial oil reserves. The ban was intended to allow the country enough time to put in place the necessary regulatory framework to ensure the development of the newly found oil and gas reserves would benefit Uganda, according to government officials.”

 

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