Hayawi hayawi huwa, safari ya kuuza mafuta inaanza leo Kenya

The issue is NOT only exporting but how MUCH and which way is appropriate to export the oil. Exporting oil is not like other goods, it's always sensitive to economies of scale. Transporting oil by lorries (in this case I refers it as Kirikuu) is a loss. It's like azam company decides to ship corn flowers to up country by Kirikuu. It'll take more TIME, more money, etc. So this option for Kenyans, means high operation cost.
 
Ati 500 barrels hahaha very laughable, weka hapa facts
Kenya is set to begin transporting the first batch of its Crude oil from the Lokichar oilfields β€” about 550km northwest of the capital Nairobi β€” to its storage facilities at the coastal city of Mombasa in readiness for export, moving closer to its dream of becoming a major oil producer.

Beginning this week, some 2,000 barrels of oil will be trucked from Lokichar to Changamwe daily, marking the beginning of the Early Oil Pilot Scheme (EOPS), which was supposed to kick off in June 2017, but was delayed mainly by disagreements over how revenues from the exports would be shared.

Kenya struck oil in the Lokichar Basin in 2012, with total recoverable reserves estimated at 750 million barrels.

President Uhuru Kenyatta is expected to flag off the first trucks on the 992km Lockichar-Kitale-Eldoret-Nairobi-Mombasa journey.

The Ministry of Petroleum said on Wednesday that it plans to accumulate about 400,000 barrels in Changamwe by December before it begins small-scale exports which are expected to pave the way for full field production by 2021.

β€œOnce we have accumulated 400,000 barrels of oil, we will then begin a tendering process and sell to the bidder with the best price,” said Petroleum Principal Secretary Anthony Kamau.

Stockpiling barrels

Mr Macharia has said that the oil will be sold to international buyers through competitive bidding. Refining firms and international traders will be invited to bid once the cargo is stockpiled at Kenya Petroleum Refineries in Mombasa.

Mr Kamau said international tender for submission of bids is expected to be floated before the end of 2018 and crude will be sold to a bidder who offers Kenya the best price.

β€œCrude is expected to be discounted at $2 a barrel of prevailing price. The EOPS is not a commercial business venture but aims to establish a market before commercial crude production in 2022,” he said.

The EastAfrican, however, understands that it could take close to a year before the first batch of oil leaves the country for the international market, as it will take at least eight months to haul the 400,000 barrels to Changamwe.

Currently, Kenya has 80,000 barrels of crude stored in Lokichar awaiting transportation and is adding between 400 and 500 barrels per day.

The transportation will involve at least 110 specialised trucks with a capacity of 150 barrels each, making the 992km journey that could take over one week for a round trip.

According to the Petroleum Ministry, Kenya’s production capacity is expected to continue growing to about 2,000 barrels per day by 2019 and top 80,000 barrels once the construction of the 892km pipeline linking the Lokichar oilfields and the port of Lamu is completed.
 
Oow Laud... is
 
Hivyi ndio vyakutangazwa sio hawa watu wanaozindua upembuvi yakinifu
 
leo umejitia kitanzi mwenyewe kua 88% of turakan people live below poverty line and 45% population in kenya live below poverty line

Lewis254 Nicxie kujeni hapa tumalizane

thanks very muchπŸ˜€πŸ˜€πŸ˜€
 
sasa ikwapi pipeline??πŸ˜€πŸ˜€πŸ˜€ au imebaki kua render
 
leo umejitia kitanzi mwenyewe kua 88% of turakan people live below poverty line and 45% population in kenya live below poverty line

Lewis254 Nicxie kujeni hapa tumalizane

thanks very muchπŸ˜€πŸ˜€πŸ˜€
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What about Tanzanians, 70% of you people live below $2 a day, hizo ni buku nne, yaani nikiwa Bongo hata chai kwenye hoteli buku nne hazitoshi lakini asilimia 70% mnaishi chini hiyo amount. Fuata huu ushaihidi wa benki huu Tanzania Mainland Poverty Assessment: A New Picture of Growth for Tanzania Emerges
 
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