Friday, June 6, 2025
UG Standard - Latest News
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us
  • Login
UG Standard - Latest News
ADVERTISEMENT

UNOC speaks out on rising fuel prices, supply challenges

by Juliette Namakula | Assistant Editor
04/06/2025
in Business, News
Reading Time: 1 min read
A A
0
Share on FacebookShare on Twitter
A fuel tanker at the launch of bulk petroleum imports by UNOC last year
A fuel tanker at the launch of bulk petroleum imports by UNOC (PHOTO/File)

KAMPALA, Uganda — The Uganda National Oil Company (UNOC) announced Tuesday that the country is experiencing “temporary disruptions” in its petroleum product supply, leading to increased retail pump prices, particularly for gasoline.

The average price of gasoline in Kampala has risen to about 5,000 shillings per liter, up from 4,700 shillings in December 2024.

Related posts

Finance Minister Matia Kasaija (C) and State Minister Evelyn Anite (4th L) join PostBank Uganda's Chairman Andrew Otengo Owiny (3rd R) and MD Julius Kakeeto (3rd L) with other officials at the bank's 2024 AGM in Kampala today. Shareholders commended PostBank's strong performance, celebrating a UGX 35.4 billion profit after tax and its position as one of the most profitable government entities.

PostBank Uganda set to rebrand to Pearl Bank after record profit year

05/06/2025
154
President Yoweri Museveni launched the Malaba-Kampala project in November last year, emphasizing its role in significantly lowering the cost of doing business. Works are anticipated to be completed within 48 months from the launch date.

Govt releases $75M to kickstart SGR construction

05/06/2025
176
The Sino-Uganda Mbale Industrial Park commits $2.5M to cutting-edge water treatment, ensuring cleaner water and a healthier environment.

Sino-Uganda Mbale Industrial Park Pours $2.5M Into Water Treatment to Safeguard Environment

04/06/2025
159
Discover how Masaka and South-Western regions, alongside top exporters, propelled Uganda's coffee exports to over UGX 780 billion in April.

How Masaka, South-West Regions Fueled Coffee Exports to Shs780 Billion in April alone

04/06/2025
163

UNOC attributed the reduced supply primarily to logistical challenges in product deliveries through Kenya during May 2025.

To ensure continued availability, UNOC stated it imported approximately 35 million liters of petroleum products via Tanzania. While this maintained product flow, the longer transit distance and associated transportation costs had a “marginal impact on pump prices,” according to a UNOC media handout.

UNOC, whose primary role is to manage the government’s commercial interests in the petroleum sector, assured the public that by Monday, June 2, over 90 million liters of petroleum products would be available within the Kenya Pipeline system for Ugandan Oil Marketing Companies (OMCs). Of that, 53 million liters of gasoline were being loaded by OMCs for delivery to Uganda.

The company anticipates an additional 200 million liters of gasoline, diesel and Jet A-1 will be received into the Kenya Pipeline system and made accessible to OMCs by the weekend of June 6-8.

UNOC expressed optimism that the steady incoming supply, combined with a recent drop in global Platts prices and a favorable exchange rate, will restore supply consistency nationwide and stabilize retail pump prices in the coming days.

UNOC began its mandate as Uganda’s sole importer of petroleum products following the passage of the Petroleum Supply (Amendment) Act 2023. Its first imports arrived at Mombasa Port in Kenya with the MT Navig8 Martinez on July 3, 2024, carrying 58,000 metric tons of gasoline, and the MT Sinbad on July 4, 2024, with 80,000 metric tons of diesel.

Share this:

  • Share
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: East africaeconomyEnergyFuelGasolinekampalaLogistical IssuesoilpetroleumPRICESsupply chainUgandaUNOC

Related Posts

 Abbas urges U.S. to compel Israel to stop violations against Palestinians
News

 Abbas urges U.S. to compel Israel to stop violations against Palestinians

05/11/2022
0
268

Abbas urges U.S. to compel Israel to stop violations against Palestinians RAMALLAH, Nov. 4 (Xinhua) -- Palestinian President Mahmoud Abbas...

Read moreDetails
Equity ranked 4th strongest banking brand globally on brand strength, scoring 92.4 points out of 100

 Equity Bank Under Scrutiny for Alleged Role in UGX.3bn Fake Gold Scam

09/07/2024
555
Kabuleta and other opposition politicians have teamed up to put an end to Museveni's leadership

 Kabuleta, other opposition politicians team up to put an end to Museveni’s leadership

27/02/2024
436
President Museveni

 Museveni commends Ugandan scientists! 

21/07/2020
869
Load More

Popular Articles

  • Check out the top schools with pupils who scored 6 in 4 aggregates in the 2024 PLE results, as released by UNEB

    PLE 2024 Results: Top Schools with 6 in 4 Aggregates

    4326 shares
    Share 1730 Tweet 1082
  • How to Renew Your National ID Online: NIRA Pre-Registration Portal 2025 Guide

    3308 shares
    Share 1323 Tweet 827
  • NIRA unveils high-tech National ID, mass enrollment set to begin

    2639 shares
    Share 1056 Tweet 660
  • FULL LIST: Ministry of Education, NCDC publish self-study workbooks amid COVID-19 lockdown

    3320 shares
    Share 1347 Tweet 822
  • How to Check PLE Results 2024 on Phone, Online

    1779 shares
    Share 712 Tweet 445
  • PLE 2024 Results: UNEB Clarifies on Release Date

    1648 shares
    Share 659 Tweet 412
  • MPs clear govt to cancel 2020 academic year

    2795 shares
    Share 1149 Tweet 686

Recent Articles

Finance Minister Matia Kasaija (C) and State Minister Evelyn Anite (4th L) join PostBank Uganda's Chairman Andrew Otengo Owiny (3rd R) and MD Julius Kakeeto (3rd L) with other officials at the bank's 2024 AGM in Kampala today. Shareholders commended PostBank's strong performance, celebrating a UGX 35.4 billion profit after tax and its position as one of the most profitable government entities.

PostBank Uganda set to rebrand to Pearl Bank after record profit year

05/06/2025
Some of the Community members who participated in the celebrations.

Host Communities Speak Out for Environmental Justice on World Environment Day 2025

05/06/2025

NEMA Shines in Corporate Games: Organisers Optimistic the 4th Outing Will Take Us to the Top

05/06/2025
President Museveni calls for judicial reforms and orders an investigation into a controversial land eviction in Kiboga, speaking at the new Deputy Chief Justice's swearing-in.

Court dismisses petition against President Museveni and NRM

05/06/2025
President Yoweri Museveni launched the Malaba-Kampala project in November last year, emphasizing its role in significantly lowering the cost of doing business. Works are anticipated to be completed within 48 months from the launch date.

Govt releases $75M to kickstart SGR construction

05/06/2025
The Sino-Uganda Mbale Industrial Park commits $2.5M to cutting-edge water treatment, ensuring cleaner water and a healthier environment.

Sino-Uganda Mbale Industrial Park Pours $2.5M Into Water Treatment to Safeguard Environment

04/06/2025
The members of the commission during today's sitting.

UHRC Resumes Second Round of Countrywide Human Rights Tribunal Sessions – 2025

04/06/2025

Recent CommentsRecent Comments

  • Ambassador Kajik’s Coffee Diplomacy Elevates Uganda’s Profile In Canada — Press Uganda on Ambassador Kajik’s Coffee Diplomacy Elevates Uganda’s Profile in Canada
  • Cedric Babu Ndilima, Ugandan TV Host And Tennis Player, Dies At 46 — Press Uganda on Cedric Babu Ndilima, Ugandan TV Host and Tennis Player, Dies at 46
  • Museveni’s Apologetic Prayer: Amb. Kambula Urges President To Back Words With Deeds — Press Uganda on Museveni’s Apologetic Prayer: Amb. Kambula Urges President to Back Words with Deeds
  • Ugandan Farmers Lack Crop Insurance, Study Suggests Awareness Programs Could Help — Press Uganda on Ugandan Farmers Lack Crop Insurance, Study Suggests Awareness Programs Could Help
  • Museveni Signs Sugarcane Bill, Urges Industry Cooperation — Press Uganda on Museveni signs Sugarcane Bill, urges industry cooperation
UG Standard - Latest News

UG Standard, published via www.ugstandard.com isa publication of Sahel Media Solutions Ltd, a professional Digital/New Media company in Uganda info@ugstandard.com

Follow us on social media:

Latest News

  • PostBank Uganda set to rebrand to Pearl Bank after record profit year
  • Host Communities Speak Out for Environmental Justice on World Environment Day 2025
  • NEMA Shines in Corporate Games: Organisers Optimistic the 4th Outing Will Take Us to the Top
  • Court dismisses petition against President Museveni and NRM
  • Govt releases $75M to kickstart SGR construction
  • Sino-Uganda Mbale Industrial Park Pours $2.5M Into Water Treatment to Safeguard Environment

OpED

MICHAEL JJINGO: Before the Grey Hair Comes: Retirement Planning is a must do

OPEN LETTER TO GEN MUSEVENI: Let’s rethink why UPE, USE schools still charge fees

KENNETH KIMBUGWE: Ugandans must rethink savings for lasting financial security

Understanding Air Expansion and Its Impact in Kasese District, Western Uganda

The Empire, the Spectacle, and the Soft Coup in South Africa

© 2024 Ugstandard - Latest News by Digital/New Media company.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us

© 2024 Ugstandard - Latest News by Digital/New Media company.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d