Tullow looks to Kenya production options as Ugandan discussions drag on


Issue 260 - 09 Aug 2013 - By Thalia Griffiths | 4 minute read

A third discovery in the South Lokichar Basin raises the possibility that oil from Kenya’s first discoveries could reach the market quicker than Uganda’s, which date back to 2006. Tullow is pushing ahead with exploration and appraisal in Kenya, hoping that it can start to build an export structure into which Uganda can later feed. On the potential scale of the discoveries, Tullow points out that it has interests in 12 East African Tertiary Rift basins. Early success in Uganda’s Lake Albert, and more recently in Kenya’s South Lokichar, substantially derisks the others, though probably not all will deliver success, and exploration will move into further basins next year.

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