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MercoPress, en Español

Montevideo, December 26th 2024 - 12:47 UTC

Tag: East Africa

  • Tuesday, October 22nd 2013 - 15:11 UTC

    The big winners in Kenya’s oil debut

    More than 300 million barrels of oil equivalent resources have been discovered in Kenya’s South Lokichar Basin

    Kenya will start pumping its first commercial oil next year and begin exporting in 2016, but this is just the opening salvo: new discoveries in recent months and fast-track new well development make Kenya the darling of East Africa from an investor’s perspective.