Companies get Sh1.5b contract to move Turkana oil - News Summed Up

Companies get Sh1.5b contract to move Turkana oil


[file, Standard]Three firms have been awarded contracts with a combined value of Sh1.5 billion to transport crude oil from Turkana to Mombasa for the early oil pilot scheme. The three-year contracts have been awarded by Tullow Oil, which has partnered with Maersk and Africa Oil in the Lokichar oil project. ALSO READ: Tullow strikes more oil in latest Turkana find“The contracts have been awarded and they will begin moving crude oil from Turkana to Mombasa mid-May. The transport companies that have been contracted will start by moving about 60,000 barrels that Tullow Oil has already produced and stored in Lokichar. Water transport is usually the most preferred means of moving oil, then rail, while road is usually the least desirable.


Source: Standard Digital May 05, 2017 19:18 UTC



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