Iran also indicated readiness to consider Uganda’s appeal for the supply of fuel for Uganda’s thermal power plant.

Regarding the field of energy in particular, the two leaders agreed to consider co-operation in building an oil refinery in Uganda.

On its part, Iran agreed to train Ugandans in its University of Petroleum Studies and other institutions in Iran in the relevant fields of petroleum, a statement issued by State House said.

Iran also expressed its readiness to invest in the entire value chain of Uganda’s petroleum industry.

Uganda’s oil resource discovered till now in the Lake Albertine Graben is projected at 600 million barrels of oil.

Uganda’s President, Yoweri Museveni reviewed the situation in the Middle East and Afghanistan as well as the Great Lakes region and the Horn of Africa. They reiterated their commitment to disarmament and the non-proliferation of weapons of mass destruction.

They also re-affirmed the right of developing countries to develop nuclear energy for peaceful (development) purposes.

Museveni observed that relations between Uganda and Iran have been outstanding over the past 30 years.

Ahmadinejad said Iran would guarantee there are no road blocks in its bi-lateral trade with Uganda.