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Kenya negotiates for crude pipeline
May 31, 2018
Source: Bloomberg

Kenya negotiates for crude pipeline

The Kenyan government is in discussion with investors over a pipeline to be laid for linking oil fields in the north of the country to a port at Lamu. The pipeline project was previously estimated at $2 billion but now is expected to be completed in $1.1billion. Kenya is soon initiating an early oil project, six years after crude was discovered in the remote Turkana region, by Tullow Oil Plc.

Kenya negotiates for crude pipeline
May 31, 2018
Source: Bloomberg

Kenya negotiates for crude pipeline

The Kenyan government is in discussion with investors over a pipeline to be laid for linking oil fields in the north of the country to a port at Lamu. The pipeline project was previously estimated at $2 billion but now is expected to be completed in $1.1billion. Kenya is soon initiating an early oil project, six years after crude was discovered in the remote Turkana region, by Tullow Oil Plc.

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