Commercial exports are expected in 2028.
EPRA has extended the Field Development Plan review to December 31.
The first oil shipment destined for Uganda docked at the port of Mombasa on Wednesday, marking an end of Kenyan oil market companies fuel transit business to the neighbouring country.
Two tankers carrying the maiden consignment of petroleum products directly imported by Uganda will dock at the Mombasa port next week, marking an end to the monopoly long enjoyed by Kenya oil marketers.
Uganda will start importing fuel directly from next month in a deal with Vitol Bahrain which the country hopes will supply cheap petroleum products.
Kenya on the Brink of a Petroleum Boom
Kenya’s prospects for establishing itself as a commercial oil producer have received a significant boost thanks to the energy firm Tullow’s latest commitment. Tullow has put a spotlight on the nation by identifying its oil project as a leading area for the company’s growth. The managing director of Tullow Kenya BV, Madhan Srinivasan, announced in March 2023 that an updated Field Development Plan (FDP) is underway. This ambitious strategy seeks to unlock 470 million barrels of oil equivalent (mmboe) and aims for a production zenith of 120 thousand barrels daily.
HE discovery of commercial oil and gas in Kenya, Somalia, Tanzania and Uganda has re-assessed the petroleum prospectivity of East Africa.
NAIROBI, (CAJ News) – THE recent death of six people after a gas explosion southeast of the capital Nairobi is a culmination of illegal practices in the petroleum sector.
President Ruto announces that Kenya has slowed down any investment in oil exploration.
A bitter row over fuel supplies has erupted between Kenya and its landlocked neighbour Uganda, with the Ugandan leader saying his country is being “cheated” by “parasites” and middlemen.