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Kenya exports 1st oil to the international market

Kenya exports 1st oil to the international market

Mombasa, August 27 - Neftegaz.RU.
Kenya has formally started exporting its 1st oil to the international market. The President Uhuru Kenyatta described it as a major milestone in the country’s transformation when he flagged off 200,000 barrels from the coastal city of Mombasa.

The maiden export was bought by Chemchina, a Chinese company, for export to Malaysia.

“The first export of crude oil by our nation, therefore marks, a special moment in our history as a people and as a country,” Kenyatta said at the ceremony., waving a Kenyan flag aboard a tanker at the Indian Ocean port of Mombasa that will be carrying the oil to Asia.

Kenyatta said the 1st attempts at finding oil in Kenya date back to 1937 but it was not until 2012 that a commercially-viable deposit was located.

This field was discovered in the South Lokichar Basin in Turkana, in Kenya’s far north, by British Tullow and its joint venture partners. The company estimates the field holds 560 million barrels of oil.

In early June 2018, the company began shipping crude from Turkana to Mombasa by road. It will eventually be shipped via a pipeline under construction.

“This 1st oil pilot scheme has also brought with it prosperity for the people of Turkana but also the wider republic with very many local communities directly benefiting from employment opportunities in production and logistics,” Kenyatta said.

To read the news in Russian.

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