Kenya is set to join the league of oil exporting countries following the announcement by Tullow Oil on Wednesday that it will start commercial oil production March 2017.
In a meeting held at State House Nairobi between President Uhuru Kenyatta and the Founder and CEO Tullow Oil Mr Aidan Heavey and witnessed by senior Government officials, Mr Heavey said Kenya will be an oil exporting country in June 2017.
A special cabinet meeting chaired by President Uhuru Kenyatta recently approved the plan for development and commercialisation of crude oil, and early oil production.
This followed Kenya’s success in exploration for oil in Turkana County, where significant deposits were discovered by Tullow Oil in 2012. “The country is now getting ready to full commercial exploitation. In this regard, the country is in the process of establishing an enabling commercial and infrastructure arrangement that will facilitate the creation of an international market for Kenya’s crude oil,” noted a statement from State House recently.
“Under this arrangement, the country will commence with the production of 2000–4000 barrels per day that will be transported to Mombasa for export. For this to happen, the Eldoret (Leseru)–Lokichar Road is being upgraded at a cost of KSh3.2 billion.”
Also to be replaced under this plan is the Kainuk Bridge to allow for larger and heavier trucks to transport the crude oil.
It is envisaged the crude oil will be transported by rail and road from Eldoret to Mombasa, from where it will be exported as crude.
Cabinet also approved the development of the Lokichar to Lamu Crude Pipeline which will be the main evacuation or transportation route for the crude oil from Kenya in the future.
Source: Footprint to Africa