Watu wakiambiwa Kenya is Nairobi wanabisha mara ohoo kuna lami mpaka Turkana mara sijui mpaka Lamu! Kiko wapi sasa??
The Kenyan government has said the country’s oil production breaks even from $34 per barrel, indicating a potential windfall from the current international crude oil price of $64.
Tullow says it has suspended Kenya’s early oil export scheme due to severe damage to roads caused by heavy rains in the fourth quarter of last year.
“Trucking remains on hold until all roads are repaired to a safe standard. Work continues with joint venture partners and the Government of Kenya to progress the development project,” the firm said.
Costs written off are driven by a write-down of the value of the Kenya, Uganda assets.
www.theeastafrican.co.ke