Its role Developer
Kabaale Refinery Company Limited is a special purpose vehicle (SPV) and joint venture company established to develop, construct, and operate the Kabaale Refinery project in Uganda. Incorporated in the Dubai International Financial Centre (DIFC) in September 2025, the company serves as the project execution entity under a public-private partnership framework.
The refinery is a greenfield 60,000 barrels per day (bpd) Residue Fluid Catalytic Cracker (RFCC) facility located in Kabaale, Buseruka Sub-County, Hoima District, Uganda, within the Kabalega Industrial Park. It includes associated infrastructure such as a 211 km multi-product pipeline to a storage terminal in Namwabula, Mpigi District, and water intake facilities from Lake Albert.
Ownership is structured with Alpha MBM Investments LLC (UAE-based, led by Sheikh Mohammed bin Maktoum bin Juma Al Maktoum) holding a 60% equity stake and the Uganda National Oil Company (UNOC) holding 40%. The company maintains an office in Kampala to facilitate project implementation, including front-end engineering design (FEED), environmental assessments, and progression toward final investment decision (FID).
As the dedicated developer for Uganda's first major oil refinery, it positions the project to process crude from Tilenga and Kingfisher fields, producing LPG, gasoline, diesel, kerosene, and fuel oil for domestic and regional markets, while supporting broader industrial development in the Albertine Graben region.
Also known as Kabaale Refinery Company (KRC) Holding Limited.
chemXplore tracks 1 project involving Kabaale Refinery Company Limited, of which one is active.
Planned Kabaale refinery includes 211 km products pipeline to Namwabula, Mbegu water intake and storage terminal; at least US$4bn investment. Key commercial deals and FID pending.
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