Turkana Oil Fields · LEAD
Kenya To Earn Less From Turkana Oil Deal As Govt Exempts Gulf Energy From Taxes
The modification means Gulf Energy can recoup significantly more of its petroleum costs before profit-sharing with the state begins.
The modification means Gulf Energy can recoup significantly more of its petroleum costs before profit-sharing with the state begins.
Kenya’s dream of becoming an oil-producing country is finally gaining real momentum. After years of delays, setbacks, and uncertainty, Energy Cabinet Secretary Opiyo Wandayi has confirmed that Kenya will begin commercial oil production by the end of 2026. This marks a major turning point for the country’s energy sector, especially in Turkana County, where vast […]