Uganda, May 20 -- The Petroleum Authority of Uganda (PAU), the oil sector regulator, has reaffirmed that commercial oil production will start in the fourth quarter of 2025.

Uganda announced the discovery of commercial oil reserves 18 years ago but production has been marred by several slipped timelines.

Speaking at the International Monetary Fund (IMF) sub-Saharan Africa Regional Economic Outlook 2024 presentation at Sheraton Kampala Hotel last week, the PAU manager for economic and financial analysis, Mr Tom Ayebare Rukundo, said preparations to pump the 1.4 billion barrels of Stock Tank of Oil are in high gear.

"The first oil production will start in the fourth quarter of 2025. The quotation in the construction of the oil pipelines f...