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Why Kenya is running out of options on Turkana oil
Construction works at Kipevu Oil Terminus at the Mombasa port in readiness for shipping of Kenya’s crude oil from Turkana from July 31, 2019. PHOTO | NMG
Turkana oil development may be fast running out of options and time. An eventuality Kenya needs to avoid lest the oil deposits become stranded assets condemned to remain eternally buried underground.
Turkana oil with a potential production of 70,000-100,000 barrels per day (bpd) was discovered in 2012 creating a high level of excitement and economic hopes.
