Connect with us

Business

Government Optimistic on the level of Commercial Energy Use in the Country

Published

on

Kenya’s State Department for Petroleum has exuded confidence on the level and intensity of commercial energy use as a key indicator of economic growth and development in the region.

Speaking during the East African Community partner states forum held in Nairobi, Principal Secretary, State Department for Petroleum Mr. Andrew Kamau said, “We ought to look at the Oil and Gas sector holistically. There is need for upskilling the workforce with the right skillsets as we develop the sector and create job opportunities. The East African Petroleum Conference 2019 will seek to provide East Africa’s Oil and Gas industry players to explore on opportunities and dialogue to attract local and international investors.”

“The government is looking to develop south Lokichar resources in a phased approach towards oil production. We are currently in the first phase where we have done the economic benefit by looking at the recoverable reserves. The next steps would be to build the pipeline and facilities that will take the oil down to Lamu for export,” Andrew Kamau added.

Immense opportunities lie in the Oil and Gas sector with various reports indicating that  Kenya has only explored about 10,000 square kilometres out of 85,000 square kilometres of Oil and Gas sedimentary basin.

“Oil and Gas and gas exploration is a profitable business. I encourage everyone to get on board on every aspect its supply chain to make East Africa an Oil and Gas investment region of choice,” said Mr. Martin Heya, Chairperson, Steering Organizing Committee – East African Petroleum Conference and Exhibition2019

The stakeholder meeting was held ahead of 2019 East African petroleum and Exhibition Conference.

Continue Reading
2 Comments

2 Comments

  1. 123movies

    May 1, 2019 at 11:01 pm

    Your method of explaining the whole thing in this post is
    genuinely nice, every one be able to without difficulty be aware of it, Thanks a lot.

  2. Vito

    June 10, 2020 at 2:20 am

    Hi there mates, its great piece of writing about educationand entirely explained, keep it up all the
    time.

You must be logged in to post a comment Login

Leave a Reply

Email: info@bizwatchkenya.com Contact: 0735614854 - Would you like to be a contributing writer? email info@bizwatchkenya.com