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.