Gov’t: Uganda Has Sufficient Fuel Stocks To Take The Country Through April 2026

Wait 5 sec.

UNOC is scheduled to receive confirmed vessel deliveries from the end of March 2026 into April 2026 The Ministry of Energy and Mineral Development, together with the Uganda National Oil Company Limited (UNOC) have revealed that Uganda has sufficient petroleum products to take the country through April 2026 following the ongoing Middle East conflict.The situation has affected the passage of shipments through the Strait of Hormuz, which is used to transit about 20% of the global oil consumption including supplies from the Middle East.In a statement dated 30th March 2026, Government revealed that as of 27th March 2026, Uganda’s fuel stock levels and the inland supply chain remained stable and sufficient to meet the short-term national demand.According to government, the available stocks for distribution to Uganda were about: Eighty-one (81 million litres of Petrol; eighty (80) million litres of Diesel; and about eighteen and half (18.5) million litres of Jet A-1.“These volumes translate to approximately 22 days of stock cover for Petrol, 23 days of stock cover for Diesel, and 30 days of stock cover for Jet A-1: meaning that these stocks take Uganda into the end of April 2026,” the statement reads in part.It adds that the Ministry through UNOC is scheduled to receive confirmed vessel deliveries from the end of March 2026 into April 2026 mainly to the Mombasa port with quantities of petroleum products destined to Uganda indicating a favorable supply chain.These are to be complemented with supplies through Tanzania where the multiple available ports of Tanga, Dar-es-Salaam and Mtwara to enhance security of supply. The expected additional quantities that should be accessed from beginning of April 2026 add up to about one hundred and ninety-five (195) million litres of Petrol, one hundred fifty-five (155) million litres of Diesel, and twenty four (24) million litres of Jet A-1; translating to additional days of stock cover of 52 days for Petrol, 44 days for Diesel, and 39 days for Jet A-1.“We therefore wish to reassure the key business partners including the transportation sector, aviation industry, the business community, and general public that Uganda’s fuel supply remains secure, stable, and continuous despite the ongoing Middle East conflict. The guaranteed supply is facilitated by the strong presence of UNOC’s supply partner in alternative supply sources in the world, away from the currently troubled Middle East,” the statement further reads, adding: “While the supply remains stable, the Ministry working together with UNOC will continue to monitor the impact of other parameters, including forex exchange and international prices, on the resulting pump price.”The post Gov’t: Uganda Has Sufficient Fuel Stocks To Take The Country Through April 2026 appeared first on Business Focus.