Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Uganda’s Museveni to Seek Backing for Tullow Sale, Monitor Says

Uganda’s President Yoweri Museveni today will ask lawmakers from his ruling party to back Tullow Oil Plc’s $2.9 billion sale of its prospects in the East African nation, the Daily Monitor reported.

Museveni will ask parliamentarians to backtrack on a resolution to freeze new oil contracts, the Kampala-based newspaper said, citing people it didn’t identify.

London-based Tullow said on March 30 that it agreed to sell stakes in three oil blocks to Total SA and China National Offshore Oil Corp., giving each company a third of Exploration Areas 1, 2 and 3A in Uganda’s Lake Albert Basin. Ugandan lawmakers voted in October to halt further oil transactions until new laws governing the industry are implemented.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.