Kenya on Wednesday announced that it has discovered good oil shores in the Kerio Valley in northern Kenya. Cabinet Secretary in the Ministry of Energy and Petroleum Charles Keter told journalists in Nairobi that oil exploration firm Tullow Oil discovered oil deposits while drilling at Cheptuket area.
“Tullow oil has encountered good oil shores just two weeks ago and so they still have to conduct further testing to confirm the size of the oil resources. It will take time before we can confirm if the oil deposits are commercially viable,” he said.
Tullow Oil has already discovered approximately 600 million barrels of oil in the Lokichar Basin in northern Kenya. Keter said he is optimistic that the Kenya-Uganda oil pipeline project will proceed as planned. Read more