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Uganda nears first exports of Pearl Sweet crude grade
Uganda expects its two Lake Albert projects to reach a combined plateau output of 230,000 b/d, but high wax content could make Pearl Sweet harder to sell.
Uganda is moving closer to exporting crude as it prepares the Pearl Sweet grade for buyers, an effort that aims to turn its oil reserves into a more reliable export business, OilPrice reports.
The outlet notes that while the crude’s low sulfur profile could be attractive, its high wax content requires heating from the production facilities through to the destination. That adds costs and narrows the pool of potential buyers.
Uganda’s two Lake Albert projects near Lake Albert in the Albertine Graben Basin are expected to produce 230,000 b/d at plateau, with ownership split between TotalEnergies at 56.67%, China’s CNOOC at 28.33%, and Uganda’s UNOC at 15%.
Within the two developments, Tilenga, operated by TotalEnergies, is estimated to hold 1.2 billion barrels of recoverable resources and is expected to produce 190,000 b/d, while Kingfisher, operated by CNOOC, holds about 270 million barrels and targets 40,000 b/d. Their output will be blended into Pearl Sweet at shared Kabaale facilities in Hoima, and OilPrice adds that production deadlines have slipped as Uganda’s export pipeline remains incomplete.
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