Uganda oil contracts give little cause for optimism | Katine | guardian.co.uk

But the problems facing Uganda – and Katine – are almost certain to be exacerbated rather than solved by oil. Last month, the campaigning group PLATFORM published three of the production sharing agreements PSAs the government has spent years keeping a closely guarded secret. The deals point towards a resource extraction programme designed for profit, not development, and contain a series of provisions that undermine any hope of changing course

via Uganda oil contracts give little cause for optimism | Katine | guardian.co.uk.

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Author: Udongo on January 20, 2010
Category: Africa, Climate, Countries, News, Opposing Views, Politics
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