Kenya seeks 20pc stake in Turkana crude oil pipeline

Kenya will seek to own a fifth of the shares of the pipeline needed to bring crude from Turkana to Lamu in a deal that will cost taxpayers Sh22.6 billion.

Kenya, which currently exports no crude, discovered commercial oil reserves in its Lokichar basin in 2012 and the 800-km (500-mile) pipeline is expected to be built before production is due to start in 2021/22.

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