Uganda: New Tullow, Uganda Tax Dispute Rocks Oil Revenues Sharing Plan

Uganda: New Tullow, Uganda Tax Dispute Rocks Oil Revenues Sharing Plan

Uganda: New Tullow, Uganda Tax Dispute Rocks Oil Revenues Sharing Plan

A fresh dispute involving $900 million has arisen between Tullow Oil and the Uganda government.

At the heart of the dispute is the law governing taxation of the sale of shares. This latest development is expected to further delay Tullow’s sale of its equity in upstream and midstream oil and gas operations.

For more information, please see https://allafrica.com/stories/201810220560.html

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