The Sunk Cost Fallacy
JF-Expert Member
- Dec 1, 2021
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Mzungu ndio mwenye mali maana ndio kagundua sasa nyie wengine mnashangilia mali ya watu 😄😄😄
Mzungu ndio mwenye mali maana ndio kagundua sasa nyie wengine mnashangilia mali ya watu 😄😄😄I no longer get excited over minerals. Ni Mali ya wanaomine. Oneni majirani wana minerals kiasi gani yet kila siku wanapigwa wamebaki LDC hii miaka yote.
Hii pia itatucost Tzn na ma fossil fuels reserves yetu,yapo tuu wakati miaka 20-30 ijayo yatapigwa marufuku kutumika Duniani.Kugundua mafuta sio tatizo ila kasome European Vision of 2030 .Tatizo Dunia inapoelekea ni kwenye matumizi ya nishati ipi.
Exactly, that's why you export lots of minerals there in Tanzania but you're still LDC. I'm told even Kenya earns more from your Tanzanite than yourselves.Mzungu ndio mwenye mali maana ndio kagundua sasa nyie wengine mnashangilia mali ya watu 😄😄😄
Vitu vingi ambavyo vinatumia mafuta sio tu magari.Wow, this is great. Lamu oil reserve is twice that of Uganda. Ubaya tunaigundua when people are moving away from fossil fuel.
@Tony254 unaikumbuka hii post yangu?[emoji23][emoji23][emoji23][emoji23][emoji23][emoji23]Ndio sababu nimecheka Sana na Wala sijishughulishi na hii habari, hawa jamaa wanamatatizo ya akili, hakuna mafuta hapo ni kelele tupu Kama kawaida Yao.
Tony254
Bado hiyo report haijatoka mpaka leo ?Umesoma hio article? CEO wa Eni Kenya amesema report inatoka in 2 weeks. Najua utapasuka ikitoka.
Mbona umepasuka wewe mwenyewe sasa [emoji1787][emoji1787][emoji1787]Umesoma hio article? CEO wa Eni Kenya amesema report inatoka in 2 weeks. Najua utapasuka ikitoka.
Lame economy? 😂 😂 😂Wacha kufurahia bado hujui hii biashara ya mafuta inakaaje. Hizo 4.8bn barrels ni potential oil deposit tuu out of that recoverable oil could be in the range of 2-2.5bn. That will still help your lame econony to take a right step forward kama mkiondoa corruption na mismanagement kwenye hiyo sector.
Mkuu nimeipenda hiyo kauli yako ya "malipo hapahapa DUNIANI"Kwenye post yangu #2 Nimeita Watanzania saba waje huku wacomment. Mmoja tu joto la jiwe ndio amekuja kucomment kwa kuangua kicheko lakini hajasema lolote. Wacha niwaite tena kwa maana wanajifanya hawaioni huu uzi. Aisee Malazy wacheni unafiki. Kujeni huku mcomment. Kenya imegundua mafuta mengi kushinda Uganda, tena kwenye bahari. Uganda waliringa sana na kutufanyia madharau ila malipo ni hapa hapa duniani. Aiseeh njooni mtoe comment.
Cc ichoboy01 Geza Ulole The best 007 joto la jiwe Sama boy 255 tuusan eliakeem
Oya mbona emoji mingi namna hii? Halafu hujisikii aibu kwamba Kenya hatuna madini lakini tumewapiga kwenye karibia kila kigezo kiuchumi?Nakuita wewe sasa bwana Tony254 vipi mafuta yapo au hayapo [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
Tatizo lenu nyinyi Wakenya ni wapumbavu sana mnaokubali kushikwa akili na mpumbavu namba moja MK254[emoji1787][emoji1787][emoji1787][emoji1787]
Tangu lini Kenya ikawa na madini, ulisikia wapi, haya leteni hiyo report ilitolewa baada ya wiki mbili [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
Kuna kengine kakasema kabisa "oil yetu ni 2× ya Uganda, haya nioneshe basi hiyo oil reserve yenu iko wapi [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
We unafikiri Mwenyezi Mungu alikosea kuwanyima mali na akili?[emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
Yako wapi sasa [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji12][emoji1787]Wajuba... mapipa bilioni 4.8 sio mchezo
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Kenya is just weeks away from announcing the discovery of new oil resources in the Lamu basin, bigger than what was found a decade ago in Turkana, in what could be a turning point for the country’s dreams of reaping petrodollars.
Italian oil exploration company Eni — in partnership with France-based oil and gas company TotalEnergies and Qatar’s state-owned oil and gas firm Qatar Energy — is racing to conclude a five-kilometre exploratory drilling deep water well that will establish the potential oil resources in the Lamu basin.
The oil resources that can be recovered from the Block L11B are estimated at about 700 million barrels according to early conservative estimates, more than a fifth of Turkana’s commercially extractable volume of 585 million barrels.
The large fiscal windfall associated with new oil resource revenue could help Kenya boost development and improve the standards of living for citizens through access to key services and amenities such as roads, health, food security and education.
The well is located approximately 170km from the coast, underneath the Indian Ocean seabed where Eni has been prospecting and drilling for oil.
Eni’s drillship SAIPEM 12000 has been on location within Block L11B since late December 2021, when it started drilling, and is expected to complete operations this month.
The drilling was expected to start earlier in the month but was delayed due to a number of factors including meeting requirements to comply with Ministry of Health protocols to mitigate the Covid-19 pandemic.
Potential
Seismic surveys revealed that the area has the potential for oil resources estimated at four billion to 4.8 billion barrels. Oil and gas explorers use seismic surveys to produce detailed images of the various rock types and the location beneath the earth’s surface and to determine the location and size of potential oil and gas reservoirs.
Eni expects to release deposits results of its drilling campaign in the block that would determine whether there is commercial viability.
Eni Kenya BV managing director Tavolini Enrico remained tightlipped on Eni’s prospects in Lamu promising additional information later.
“We shall give you an update in the next two weeks,” Mr Tavolini said in response to queries.
Once a discovery is made, confirmation through appraisal wells would be needed. This would mean Eni and it’s partners would dig additional wells to confirm whether any discovery would be big enough for the oil firms to develop Kenya’s first deep water field.
Early data however indicates the existence of oil resources, what is technically referred to as an active petroleum system in the area.
The well in the Lamu Basin offers Kenya another chance to become an oil producing country. It would come a decade after British exploration firm Tullow Oil made Kenya’s first oil find in Turkana County’s South Lokichar sub basin.
Kenya first announced the discovery of oil in Block 10BB and 13T in Turkana in March 2012.
The country is however yet to fully commercialise the crude oil.
“Data from this well and other exploration activities show that the Mlima 1 prospect could have a much more considerable accumulation than the discoveries in the South Lokichar basin,” said Rita Maina, a senior energy transition advisor at the Kenya Civil Society Platform on Oil and Gas.
“If the drilling is successful, there is a high probability that the South Lokichar basin discoveries will take a back seat because the Mlima 1 prospect will have a more significant economic benefit to the country and will be easier to develop,” she added.
Mlima-1 is tipped to be the first commercial oil discovery in a region where exploration activities to date have almost exclusively resulted in gas discoveries.
An oil discovery in the Lamu basin would push Kenya to guard it’s maritime borders in the area amid a border row with Somalia. The basin lies within the disputed territory with Somalia.
Last year, Kenyan President Uhuru Kenyatta said the country will not cede even an inch of the disputed area.
Turkana oil wells
Tullow has been under pressure from Kenya to develop the Turkana oil wells that it expects to produce up to 120,000 barrels per day once production starts.
Tullow and its partners in the project, Africa Oil and Total, had initially planned to reach a final investment decision in 2019 and production of the first oil between this year and next year.
In October last year, Tullow presented a revised Field Development Plan for oil in the Turkana oil fields to the government of Kenya just in time to beat the set deadline of December 2021.
Had the plan not been submitted in time, then they would have risked losing concession on their exploration block as stipulated in the production sharing contract.
The British firm expects to recover 585 million barrels of oil from the project over the full life of the field.
The commercially extractable volume for the Turkana South Lokichar basin rose to 585 million barrels from the previous estimate of 433 million barrels, according to British petroleum consulting firm Gaffney Cline Associates.
Source: The East African
Uchumi upi unazungumzia? Kenya na Tz ipi yenye uchumi mkubwa? Tunawalisha alafu itakuwaje muwe na uchumi mkubwa kuliko Tz, tunafanya miradi mikubwa ambayo thamani yake ni zaidi ya miradi yote inayofanyika Uganda, Rwanda, Burundi, DRC and Kenya combined, nani mwenye uchumi mkubwa hapo [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]Oya emoji mingi namna hii? Halafu hujisikii aibu kwamba Kenya hatuna madini lakini tumewapiga kwenye karibia kila kigezo kiuchumi?
Kilaza nikuulize miradi gani hizo mnafanya na zimekamilika? pesa ngapi hadi sasa zimetumika kwa hizo miradi? najua ni kidogo sana, yaani ukubwa wa miradi ni kwa makaratasi, hela zikowapi? alafu tangu lini Tanzania ikalisha Kenya? leta dhibitisho? ama haujui maana ya neno kulisha kilaza? nitag ukipata jibu., nyie fukara hamjiwezi kabisaa, Kenya ni soko lenu, tukifunga boda ufukara wenu unawatesa hadi basi, hela ya kununua chumvi na panty mnakosa, tuko na jeuri ya hela.,Uchumi upi unazungumzia? Kenya na Tz ipi yenye uchumi mkubwa? Tunawalisha alafu itakuwaje muwe na uchumi mkubwa kuliko Tz, tunafanya miradi mikubwa ambayo thamani yake ni zaidi ya miradi yote inayofanyika Uganda, Rwanda, Burundi, DRC and Kenya combined, nani mwenye uchumi mkubwa hapo [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]