Since entry into Uganda's oil fields, the relationship between Tullow Oil Plc and Uganda Revenue Authority has been characterized of unending dispute over taxes.
One of the measures would require that business transactions are conducted in the local currency, according to Makuei.
In May 2020, Tanzania Mining Minister announced that the company had paid $100 Million as the first tranche of the $300 Million settlement.
Uganda discovered crude oil reserves about 14 years ago but commercial production has been delayed partly because of a lack of infrastructure, such as an export pipeline.
Total production is 170,000-172,000 barrels per day, South Sudanese under-secretary for the Ministry of Petroleum Awow Daniel Chuang said.
The carrier should instead continue expanding and fill a gap created after rivals Air Mauritius Ltd. and South African Airways were placed under administration, according to the letter.
The ban means that at least 35,000 tonnes of sugar exports from Uganda will be locked out of Kenya, which is expected to increase Uganda’s stockpile according to Daily Monitor newspaper.