Tullow Oil is yet to make much headway in its search for a strategic partner, which remains one of the key aspects needed to move Kenya’s oil project forward.
Kenya’s dream of joining the oil exporters club petrodollar remains intact and is just awaiting a revision of the Field Development Plan (FDP), with commercial exports expected in 2028, according to oil giant Tullow.
Kenya has expressed interest in strengthening bilateral relations with Angola across various fields including energy, agriculture and trade.
Kenya’s president William Ruto is imposing strict conditions on any change of ownership deal for oil blocks in the northwestern Turkana region.
Kenya’s petroleum industry is owed more today than ever, with the outstanding bill at 65 billion Kenyan shillings ($542 million), the Petroleum Outlets Association of Kenya (POAK) said in a tweet.