To mitigate against attendant risks, Kenya should ensure that the oil infrastructure and the Lamu Port Southern Sudan-Ethiopia Transport Corridor project (LAPSSET) are viable. It is also feared that Ugandan oil fields are, by their very nature, marginal and thus cannot generate viable levels of oil for long. Updated Mon, June 20th 2016 at 00:00 GMT +3Mohamed GuleidIt is nearly five years since oil was discovered in Turkana County. Let me give you a good example of how the Petroleum Industry Bill legislation has empowered Nigerian local companies to become multinational oil corporations. As already noted, the greatest strength of the reform agenda is the dramatic increase in the participation of Nigerians in the sector.

Source: Standard Digital June 19, 2016 18:52 UTC