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Kenya needs oil prices to rise past $50 - PS

Kenya is set to start exporting crude oil in June next year, but warned earnings will be little.

The Final Investment Decision (FID) for the Early Oil Pilot Scheme (EOPS) nod was given Thursday after Energy Secretary Charles Keter and the oil company representatives briefed President Uhuru Kenyatta on the progress made at two exploration blocks in Turkana County.

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