Uganda, Nov. 29 -- President Museveni yesterday weighed in on the polarising debate of fossil fuels and climate change saying oil remains a key resource that cannot be phased out immediately which makes current upstream and midstream projects worthwhile investments.
Speaking at the closure of the two-day Tanzania-Uganda Oil and Gas Symposium at State House Dar-es-Salaam, President Museveni said the ongoing rancorous campaign against oil by especially environmentalists "is good for us" as many companies are fearing to invest in oil.
"First, we shall use fossil energy for another 40 years. There will always be demand for oil," he said. "Even if they stopped the use of petrol cars, the use for car tyres will remain and tyres made using oil a...