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Kenya, Uganda set to position E. Africa as the next oil frontier
An oil rig at Ngamia-1 in Turkana County. Ngamia-1 was Kenya’s first significant oil discovery by Tullow and Africa Oil in 2012. PHOTO | FILE
Kenya and Uganda are set to position East Africa as the next oil development frontier, Bloomberg Intelligence has said.
The note based the findings on the discovery of several onshore deposits. They include the billion-barrel potential at Uganda’s Lake Albert and Kenya’s South Lokichar Basin.
