TotalEnergies EP Uganda (TEPU) is establishing a new benchmark for sustainable energy practices as Uganda approaches its oil production phase. This was disclosed by the Company’s General Manager, Philippe Groueix, during his address at the ongoing 9th Oil and Gas Convention in Kampala. Groueix emphasized to the energy experts gathered at the Serena Hotel the importance of pursuing a just energy transition.
He asserted that African countries like Uganda have the right to develop their oil and gas resources responsibly, even amidst global decarbonization efforts. “A just energy transition talks about the right of African countries like Uganda to develop their oil & gas resources. Our commitment is to do so in a more sustainable way than has been done elsewhere,” he stated. Groueix highlighted TEPU’s impressive track record, including significant reductions in carbon dioxide emissions.
Their flagship Tilenga and Kingfisher projects emit only 13 kg of carbon dioxide per barrel produced and transported, far below the industry average of 33 kg. He reiterated TotalEnergies’ steadfast pledge to support the nation’s energy transition, emphasizing their ambition to achieve net zero emissions by 2050 and promote sustainable development in the regions where they operate.
The Annual Oil & Gas Convention, now in its 9th year, plays a pivotal role in creating opportunities for both Uganda’s domestic and international interests. It serves as a platform bringing together key policymakers, business leaders, bankers, academia, and investors from around the globe.
Elly Karuhanga, Chairman of the Board of Trustees of the Uganda Chamber of Mines and Petroleum, delivered a keynote address outlining Uganda’s journey to first oil amidst the concept of a just energy transition. He reflected on the challenges faced in dispelling skepticism and fear surrounding the ‘oil curse’.
He highlighted the uphill battle of convincing Ugandans and the global community but credited supportive leadership and teamwork for bringing the country closer to its goals. “Now, as we get closer to making our oil dreams a reality, we can look back and feel proud of how far we’ve come. It wasn’t easy, but we never gave up, and that’s what got us here,” Karuhanga said.
Source:https://www.independent.co.ug