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Uganda: Museveni says US tests show country's oil prospects are high.

BBC Monitoring International Reports

| June 08, 2006 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Text of report by Richard Mutumba entitled "Uganda oil good, says US" published by Ugandan newspaper Daily Monitor website on 8 June

President Yoweri Museveni has said Uganda's oil prospects are high after samples taken to the United States for examination revealed that the oil is good and free from dangerous gases. The president said the samples were taken from three new wells discovered in western Uganda.

Museveni was closing the two-day retreat for his cabinet in Kampala yesterday. "Tests on the oil have established that the newly discovered substance is good. We now want to establish where we have …

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