Untapped Potential In Kenya's Oil and Gas Basin
The Kenyan government has uncovered that it has only explored about 12 percent – 10,000 square kilometers – of its 85,000 square kilometers of oil and gas basin found in the country.
High Level Talks by EAC Oil and Gas Stakeholders in Kenya
Oil and Gas stakeholders from the East African Community partner states held a high-level forum to discuss oil and gas investment opportunities in the region.The forum was hosted in Nairobi – Kenya ahead of East African Petroleum and Exhibition Conference 2019 that will be held in the coastal city of Mombasa in May 2019.
Kenya Stays Focused On Expanding Oil Chase
Kenya is shifting to conduct geological tests in search of oil and gas in the shallow offshore area of the coastal Lamu basin as the country progresses to becoming an oil state.
Oil Exploration in Kenya to Generate Revenue
Stakeholders from Kenya’s oil and gas sector have sounded the alarm on the lopsided attention on proceeds from oil exploration to warn of hidden risks to the fiscal obsession. The cautionary advice comes as both government and its citizenry continue to battle the management of expectations from the impending decision on the full-scale exploration of the country’s crude deposits.
