By Flavia Ajok

HOIMA; China National Offshore Oil Corporation- CNOOC is stuck with compensation money after the oil company failed to locate land owners for some of the oil projects.

Amina Nabukenya, the CNOOC public relations officer explains that they have failed to locate 1% of absentee landlords.

According to Nabukenya, the company has so far compensated over 99% of the 700 people whose land was affected by oil projects such as the central processing plant and the construction of the oil pipeline.

She notes that the failure to locate the landlords is affecting the progress of some of the oil and gas developments.

However, she reveals that as company, they plan to apply for compulsory land acquisition under the Attorney General’s office and Ministry of Lands.

She adds that under this process, the compensation funds will be deposited in the court of law and then they will start utilizing the land.

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