Dec. 13 (Bloomberg) -- Ugandan President Yoweri Museveni said foreigners are interfering inappropriately in the country’s oil industry.
Some politicians and non-governmental organizations who opposed a clause that gave the energy minister the right to issue and revoke licenses were funded by “foreign interests,” the Ugandan leader said today in a televised address to parliament in Kampala, the capital.
“These people are spreading lies acting on behalf of foreign interests,” Museveni said. “Foreigners always get it wrong.”
A petroleum authority will be established to handle oil licenses under plans passed on Dec. 7. A moratorium on new licenses is to be lifted, Energy Minister Irene Muloni said by phone that day.
Oil companies are undermining Uganda’s interests by their opposition to building a refinery and and one company, which he didn’t identify, underestimated the level of the nation’s reserves, he said.
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