{"id":2736,"date":"2024-04-21T17:59:39","date_gmt":"2024-04-21T17:59:39","guid":{"rendered":"https:\/\/theuaeweekly.com\/uganda-looks-to-norway-uae-models-in-how-best-to-diversify-a-national-economy-off-oil-riches\/"},"modified":"2024-04-21T17:59:39","modified_gmt":"2024-04-21T17:59:39","slug":"uganda-looks-to-norway-uae-models-in-how-best-to-diversify-a-national-economy-off-oil-riches","status":"publish","type":"post","link":"https:\/\/theuaeweekly.com\/en\/uganda-looks-to-norway-uae-models-in-how-best-to-diversify-a-national-economy-off-oil-riches\/","title":{"rendered":"Uganda Looks to Norway, UAE Models in How Best To Diversify a National Economy Off Oil Riches"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The Petroleum Authority of Uganda (PAU) is hoping to model the experience of countries such as Norway and the UAE to leverage its oil and gas riches to maintain gains in economic growth and diversification beyond the life cycle of those projects.<\/p>\n<p>Uganda expects a long-term economic uplift over the next 3 decades as <a class=\"Link\" href=\"https:\/\/jpt.spe.org\/uganda-leverages-oil-and-gas-to-transform-economy\" target=\"_blank\" data-cms-ai=\"0\" rel=\"noopener\">oil and gas revenues pour $8.6 billion into Uganda\u2019s GDP as production from the Kingfisher and Tilenga upstream parts of the Lake Albert development<\/a> comes on-stream in 2025 (<b>Fig. 1<\/b>).<\/p>\n<div class=\"Enhancement \" data-align-center=\"\">\n<div class=\"Enhancement-item\">\n<figure class=\"Figure\">\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/assets.spe.org\/dims4\/default\/dbf4a0e\/2147483647\/strip\/true\/crop\/1470x1068+0+0\/resize\/800x581!\/quality\/90\/?url=http%3A%2F%2Fspe-brightspot.s3.us-east-2.amazonaws.com%2Faa%2Feb%2F89fe92e74ed29788f42e6c56bfb1%2Fscreen-shot-2024-04-16-at-9-48-43-pm.png\" alt=\"Screen Shot 2024-04-16 at 9.48.43 PM.png\" srcset=\"https:\/\/assets.spe.org\/dims4\/default\/1d118f0\/2147483647\/strip\/true\/crop\/1470x1068+0+0\/resize\/1600x1162!\/quality\/90\/?url=http%3A%2F%2Fspe-brightspot.s3.us-east-2.amazonaws.com%2Faa%2Feb%2F89fe92e74ed29788f42e6c56bfb1%2Fscreen-shot-2024-04-16-at-9-48-43-pm.png 2x\" width=\"800\" height=\"581\" data-image-size=\"\/\"\/><\/p>\n<div class=\"Figure-content\"><figcaption class=\"Figure-caption\">Fig. 1-The Kingfisher development&#8230;<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/jpt.spe.org\/uganda-looks-to-norway-uae-models-in-how-best-to-diversify-a-national-economy-off-oil-riches\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Petroleum Authority of Uganda (PAU) is hoping to model the experience of countries such as Norway and the UAE to leverage its oil and gas riches to maintain gains in economic growth and diversification beyond the life cycle of those projects. Uganda expects a long-term economic uplift over the next 3 decades as oil [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,121],"tags":[],"class_list":["post-2736","post","type-post","status-publish","format-standard","hentry","category-oil-and-gas-en","category-oil-and-gas-ar"],"_links":{"self":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts\/2736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/comments?post=2736"}],"version-history":[{"count":0,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts\/2736\/revisions"}],"wp:attachment":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/media?parent=2736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/categories?post=2736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/tags?post=2736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}