Quantum Associates Oil & Gas Logistics
A local company, incorporated in Uganda in 2006, Quantum Associates soon diverted from its initial emphasis on real estate and commodity supply to venture into logistics and warehousing for the oil and gas industry.
Company Director, Denis Kamurasi, says that Uganda’s oil discovery and entry big international companies was an eye opener for local investors, who saw opportunities to invest in services relevant to the industry, especially downstream where Ugandan companies may have an competitive advantage as well as the backing of the country’s ‘local content’ policy.
Seeking to benefit, Quantum Associates therefore worked to transport materials to the oil fields. In some cases the company engages other local companies, such as SDV Transami, a logistics firm, to aid in such transit.
Quantum also provides storage yards and warehouses to companies in the oil and gas field. It currently runs four storage sites located in Kikonda, Hoima, Buseruka and Kabale, all situated strategically to provide required storage amenities to oil companies in the Albertine region.
As the oil and gas industry grows, Quantum Associates looks at directing its efforts to transportation and waste management services that are equally relevant to the industry. The company intends to engage in a number of working partnerships to supply such services.
Report by Allan Ssempebwa