The Committee on Appointments, chaired by Deputy Speaker, Thomas Tayebwa vetted Members of the Board of Directors of Uganda National Oil Company (UNOC). This is in fulfillment of the Committee’s mandate under Rule 167 of the Rules of Procedure.

The Board of Directors are Chairperson Emmanuel Katongole and members, Eng. Irene Pauline Batebe, Francis N. Twinamatsiko, Stella Marie Biwaga, Francis Nagimesi, Zulaika Mirembe Kasajja and Dr.-Simon-Echegu.

UNOC is a limited liability company solely owned by the Government of Uganda (GOU).

It was established under Section 42 of the Petroleum (Exploration, Development, and Production) Act and Section 7 of the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act, both of 2013.

It was incorporated under the Companies Act of 2012 as a limited liability company on June 12th, 2015.

The two shareholders of UNOC are the Minister of Energy and Mineral Development (51%) and the Minister of Finance, Planning and Economic Development (49%).

Recently, UNOC assumed full responsibility for the importation of petroleum products, marking a significant shift in the nation’s energy landscape.

With this development, UNOC now holds the exclusive role of importing petroleum products, which will subsequently be distributed to oil marketing companies (OMCs).