Uganda names crude oil blend “Pearl Sweet” ahead of commercial production

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Uganda has named its crude oil blend "Pearl Sweet" ahead of commencing commercial oil production. The announcement was made by President Yoweri Museveni at the Kingfisher Oil Development Area operated by CNOOC in western Uganda.

Uganda has named its crude oil blend “Pearl Sweet” as an identifier in the global oil market, ahead of the country’s entry into commercial oil production. President Yoweri Museveni unveiled the name on Wednesday at the Kingfisher Oil Development Area, operated by the China National Offshore Oil Corporation (CNOOC), in Kikuube District in western Uganda. ...