KENYA HAS STORED OVER 80,000 BARRELS OF OIL

KENYA HAS STORED OVER 80,000 BARRELS OF OIL

By Donald Kogai

Tullow continues to target a Final Investment Decision (FID) in Kenya by year-end although this remains an ambitious target.

Tullow is finalising its FEED studies for both the upstream and midstream, and both the upstream and midstream ESIAs remain on track for submission to the National Environmental Management Agency at the end of the second quarter.

The Government of Kenya, via the National Land Commission, has gazetted the land required for the upstream development in Turkana and, so far, approximately two-thirds of the pipeline. Discussions with Government regarding key commercial agreements are making steady progress.

A late 2019 FID remains contingent on these key Government of Kenya deliverables.

The Early Oil Pilot Scheme continues to truck 600 bopd to Mombasa where 80,000 barrels of oil are being stored ahead of export.

Following receipt of Regulatory Authority approval, which is expected shortly, production will be increased to 2,000 bopd, with the first export cargo expected in the third quarter of 2019.