Efficiency, Sustainability, and Exit Strategy in the Oil and Gas Sector: Lessons from Ecuador for Uganda
This paper draws lessons from
the more experienced oil-and-gas-producing Ecuador, for Uganda's nascent
oil and gas sector, to argue a case for sustainable petroleum-exploitation. It
relies on extant inquiries on developments in Uganda's oil and gas sector,
observation of oil-related developments in Ecuador, and interactions and
exchanges with intellectuals from Uganda and Latin America. The findings
reveal that countries which lay emphasis on the following four aspects in the
oil and gas sector are able to maximize returns from the sector for current and
future generations: institutional design and planning for oil-sector efficiency;
balancing oil-sector developments with protection and conservation of natural
environs; national and regional diversification of the economy and energy
sector; and strategic investment of petro-revenues.
We publish our work in five different series: research papers, briefing papers, dialogue reports, accountability reports and fact sheets.
Advocates Coalition for Development and Environment (ACODE) is an independent public policy research and advocacy Think Tank based in Uganda, working in the Eastern and Southern Africa Sub-regions on a wide range of public policy issues.