Why Kenya is running out of options on Turkana oil
Why Kenya is running out of options on Turkana oil Wednesday April 28 2021 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 By GEORGE WACHIRA Summary Can the government of Kenya afford to develop crude oil production and Lamu pipeline infrastructure as a major shareholder? If it will involve borrowed capital, I doubt this can happen due to avoidance of new oil projects by global financiers, and national indebtedness. Turkana oil development may be fast running out of options and time. ...
Source: businessdailyafrica.com