French firm Total SA has committed to invest in the Lokichar-Lamu pipeline, boosting Kenya’s efforts to develop its own oil fields and realise its ambition of joining the league of oil exporters. The deal was brokered in Nairobi on Tuesday during a meeting between President Uhuru Kenyatta and Total’s executive committee member and president for marketing and services Momar Nguer.
State House spokesperson Manoah Esipisu said the French firm has been cleared to buy shares in Maersk Oil blocks in Kenya after it committed to developing the Lokichar to Lamu oil pipeline as the only evacuation route for Kenya’s crude oil.
