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Uganda refinery bidders down to two: SK Energy or RT-Global

Authorities rejected two out of the four bids they received for the inland refinery in Uganda

The project to construct a refinery in inland Uganda will be led either by South Korea’s SK Energy or by Russia’s RT-Global Resources, after the authorities rejected two of the four detailed bids they received for the venture. Negotiations are now being held with the two remaining bidders, which will be asked to submit their best and final offers by the end of August.  SK Energy is heading a group which includes SK Engineering & Construction, China State Construction Engineering Corporation and SK-KDB Global Investment Partnership, while RT-Global heads a group which includes VTB Capital and Tatneft. The government said it rejected a bid from Marubeni because the firm did not provide th

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