Kenya earns Sh503m from foreign oil exploration firms

Petroleum PS Andrew Kamau. PHOTO | DIANA NGILA

Kenya has earned Sh503.2 million from oil exploration works by foreign firms ahead of small-scale crude exports next year.

Documents from Auditor-General Edward Ouko show that the government earned Sh503,260,733 last year as dues from exploration, offering a peek into the early benefits of the fledgling sector.

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Note: The results are not exact but very close to the actual.