Kenya Signals Commitment to Oil Trade with Launch of Export Strategy
Kenya has officially unveiled a comprehensive export strategy aimed at positioning the country as a competitive player in the global oil trade. This marks a significant step for the East African nation, which has long been exploring ways to leverage its crude oil reserves in Turkana County to generate new revenues and strengthen its economic position on the international stage. The strategy follows years of pilot oil exports and extensive consultations between government agencies, private investors, and international energy partners. By formalizing its approach, Kenya signals its readiness to transition from a budding oil producer to a more established exporter capable of meeting global demand. At the core of the strategy is the development of infrastructure to support large-scale exports. Kenya is prioritizing the construction of a crude oil pipeline from Turkana to the port of Lamu under the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor project. Once co...