Kenya’s goal of becoming an oil exporting country by 2022 may not be realized, London-based oil explorer, Tullow Oil said. According to the oil giant, delays from the government in making critical decisions have potentially stalled output. The pipeline is estimated to cost $4 billion in total, including upstream operations. Delay in getting the FID could delay oil production, which is currently planned to start in 2022. The move to full commercial operations is expected to give a significant revenue boost to Kenyan State coffers, especially if the resurgent international oil prices hold or rise further.

Source: The North Africa Journal April 29, 2019 16:18 UTC