Uganda Names Its Crude Oil Blend ‘Pearl Sweet’ Ahead of Commercial Production

Uganda Names Its Crude Oil Blend ‘Pearl Sweet’ Ahead of Commercial Production

Ugandan authorities on Wednesday named the country’s prospective crude oil blend “Pearl Sweet,” marking a milestone as the East African country gears up for commercial production by the end of the year.

Officials announced the name at a remote oil infrastructure site, celebrating Uganda’s emergence as an oil producer.

The name chosen for Uganda’s crude oil blend is a nod to Winston Churchill’s description of Uganda in the last century as “the pearl of Africa,” and officials said the “sweet” in the nomenclature reflects the crude blend’s low sulfur content.

“The name combines national identity with a commercial description,” the Ministry of Energy said in a statement. “Naming supports future crude marketing activities and engagement with potential buyers.”

Uganda is estimated to have recoverable oil reserves of roughly 1.6 billion barrels. The investors are French oil company TotalEnergies, which owns the largest stake, and China National Offshore Oil Corporation, or CNOOC. The Ugandan people, through the Uganda National Oil Company, own 15% of the projects.

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