and the three oil exploration companies: Tullow Oil of the United Kingdom, TotalEnergies of France, and the China National Offshore Oil Corporation. It is the National Oil Company that will participate in production on behalf of the state. The Uganda Oil Refinery that is in the development phase calls for 40 percent participation by the state. The national oil company will invest in the refinery on behalf of the state. It is also expected that the new oil company will maintain a petroleum products retail network. Plans are underway to develop a 60,000 barrel per day refinery that will serve Uganda and its immediate neighbours. The refinery is being developed on a private-public partnership basis (60 percent to 40 percent). GOU is in the process of finalising the selection process of a strategic investor who will take up the private shareholding. The refinery is expected to boost the security of supply of petroleum products and provide an outlet for the discovered resources. In July 2022, the ownership in Uganda's crude oil production facilities the Albertine Graben was as illustrated in the table below. This excludes ownership in the East African Crude Oil Pipeline and the Uganda Oil Refinery. Subsidiaries UNOC has two wholly owned subsidiaries: the Uganda Refinery Holding Company headed by General Manager Michael Nkambo Mugerwa, and the Uganda National Pipeline Company headed by General Manager John Bosco Habumugisha. In May 2017, UNOC began managing the Jinja Petroleum Storage Terminal (JPST), which has a storage capacity of . JPST is joint venture between UNOC and a private company, One Petroleum Limited. The facility had in storage as of November 2017. In December 2018, the shareholders of UNOC resolved that the company will own 15 percent equity in East African Crude Oil Export Pipeline (EACOP), up to 40 percent equity in the Uganda Oil Refinery and at least 51 percent equity in the Kampala Storage Terminal (KST) to be located at Namwabula Village in Mpigi District. UNOC is expected to operate and manage the KST. First oil In March 2018, UNOC concluded the bidding for transporters to move 45,211 barrels of waxy test crude oil, equivalent to from the oilfields in Hoima District, to the Kenyan port of Mombasa. The winner of the tender was expected to be made public in April 2018. At prevailing crude oil prices of US$60 per barrel, the crude, extracted during testing and exploration was