Zadock Amanyisa | Tayari News
KAMPALA – The Government of Uganda, has through the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) informed the Country that Uganda will continue having a reliable supply of petroleum products despite the instability in Iran.
The statement follows recent reports of possible disruptions to global petroleum supply routes, particularly shipments passing through the Strait of Hormuz, located between Iran and Oman.
“The Ministry of Energy and Mineral Development, together with the Uganda National Oil Company (UNOC), wishes to reassure the public, industry stakeholders, and the business community that Uganda will continue to have a reliable supply of petroleum products,” said UNOC
In the face of the ongoing conflict between the US, Israel and Iran, on March 2nd, the Islamic Revolutionary Guard Corps officially confirmed that the Strait of Hormuz was closed and that any ship that entered the strait was to be set on fire. This came after several reports of Iranian attacks on ships passing through the Strait of Hormuz.
The Strait of Hormuz is a strait between the Persian Gulf and the Gulf of Oman. It provides the only sea passage from the Persian Gulf to the open ocean and is one of the world’s most strategically important choke points. A strait is a narrow passage of water connecting two seas or two other large areas of water.
UNOC, a government body that manages the government’s commercial interests in the petroleum sector, said it was together with its supply partner, Vitol, keenly following the events as they unfold, adding that appropriate measures were being taken to ensure the uninterrupted supply of petroleum products into the country.
“We further reassure the public that our supply partner does not rely entirely on supplies from a single region and, as such, will continue working with the alternative supply sources and routes for cargoes initially planned to come from the affected regions to ensure that deliveries to Uganda continue without disruption.” The statement read
They further explained that scheduled fuel cargo deliveries for March 2026 remain on course with contingency plans to avert any immediate impact.
“We therefore urge the public and market participants to remain calm as we continue to monitor the developments in the international market, as we work with our partners and key enabling stakeholders to ensure supply continuity. With a stable supply, it is expected that the pump prices should remain relatively the same,” stressing the government’s commitment to implementing its mandate under the Petroleum Supply Act and contributing to the security of supply of petroleum products in the country.