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Kenya will be an oil exporting country in June 2017

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By chief editor

Kenya will start exporting oil in June 2017.

Following President Uhuru Kenyatta’s directive to expedite exportation of Kenya’s first oil, Tullow Oil Company has confirmed that it will start oil exportation in June 2017.

Briefing President Kenyatta at State House, today, Tullow Oil Chief Operating Officer Paul McDade said his company has made good progress on the Early Oil Pilot Scheme and will be ready to start oil exportation in June 2017.

The oil will be transported by road from Lokichar in Turkana County to Mombasa where it will be exported.

He said initially 2000 barrels will be produced per day, adding that Tullow Oil is committed to aggressive exploration that will see at least eight more wells drilled in South Lokichar basin to scale up production.

“Tullow remains confident that the South Lokichar basin has the potential to see resources grow from the current 750 million barrels to around one billion of oil,” Mr. McDade said.

In relation to the full development of the oil resources, Energy Cabinet Secretary Charles Keter said the development of the Lokichar to Lamu crude oil pipeline is still on course.

He said the Government and its upstream partners, Tullow Oil, African Oil and Maersk Companies, have concluded a Joint Development Agreement (JDA) for the development of the pipeline.

President Kenyatta emphasized the need to move with speed in the implementation of the pipeline project.

“We have started and we are not moving back. We want to be at the top of the pile. So, we have set a path and Kenya is going to be a major oil producer and exporter,” President Kenyatta said.

The meeting was also attended by Energy Principal Secretary Andrew Kamau, Tullow Oil Vice-President East Africa Gary Thompson, Tullow Kenya Chairman Ike Duker and Country Manager Martin Mbogo.

 

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