Home Business News Economy Kenyan crude oil: President Kenyatta flags off shipment

Kenyan crude oil: President Kenyatta flags off shipment

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President Uhuru Kenyatta has on Monday flagged off the first Kenyan crude oil at Kipevu Oil Terminal in a ceremony attended by several leaders.

In attendance was Governor Ali Joho who welcomed the President as he praised him for the several projects is setting up in the country.

Speaking during the flag-off, Joho termed President Uhuru Kenyatta as one of the most accessible presidents he has ever met.

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He went forward to welcome President Kenyatta back to Mombasa to discuss on matters development and in particular the construction of Dongo Kundu road.

The Crude oil which is being mined from Turkana by Tullow Oil is the first batch to leave the country for Malaysia.

Also read: Historic day as Kenya flags off first crude oil exports

A Chinese company by the name Chemchina bought the first batch of Kenyan crude oil at approximately Ksh 1.2 billion early last month.

Tullow Oil is expecting to transport an average of 2,000 barrels of oil per day from Turkana to Mombasa with the amount expected to increase come 2022.

Speaking during the flagging off was West Pokot governor John Krop Lonyangapuo who told the president that his county should receive the largest share from the revenues generated.

Taking on the podium the President said that the revenues will benefit each citizen and leader should continue with their purpose of serving the people.

A pipeline system is expected to be put in place come 2022 at a time when the production is also expected to increase to approximately 100,000 barrels per day.

Berryl Achieng
Kenyan news interests me a lot but I also keep tabs on other news making headlines in Africa and around the world.


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