Kenya Still at Crossroads on best Crude Oil export plan after flop of Deal with Uganda

Kenyan presidency said the nation is still at crossroads on the best option to transport it’s crude from the Turkana region to the port.

Presidential spokesperson Manoah Esipisu said during a presser in Nairobi that “Our plans for the first oil extraction are on course and we are seized of the planning and implementing options on how to get our oil to the port,”

The country was banking on a transnational pipeline but those plans fizzled out when Uganda pulled out of the bilateral deal, citing security concerns in northern Kenya – the proposed pipeline’s route to the Lamu Port.

Kenya had earlier said it will go it alone but the money for the project, in the light of a burgeoning budget deficit, appears hard to get.  Esipisu said President Kenyatta raised the concerns when he met British exploration firm Tullow Oil Chief Executive Aidan Heavey at State House.

Credit: The Standard

Leave a Reply

Your email address will not be published. Required fields are marked *