Kenyan oil reserves to ‘reach one billion barrels’

oil-barrelsKenyan Oil Ministry has announced that its crude oil reserves will almost double to one billion barrels due to ongoing appraisal drilling

The Oil Ministry added that the country’s first crude oil drilling was announced on March 2012 when Tullow Oil and Africa Oil jointly discovered 600mn barrels of oil in the South Lokichar Basin in northwestern Kenya.

Martin Heya, petroleum commissioner of Kenya, said, “Initial data acquired from northern Kenya indicates the figure for estimated oil resources is set to rise with increased drilling.”

The Ministry expects more oil resources to be found after Africa Oil and Marathon Oil complete the current drilling of the Sala-2 appraisal well and move to the Sala-3 appraisal well in Block 9 to assess the amount of gas available.

Davis Chirchir, energy cabinet secretary of Kenya, said that the Ageta Amosing and Ewoi wells drilled in Block 10BB and Block 13T in the remote Turkana County had raised Kenya’s recoverable oil resources from 300mn to 600mn barrels.

”The Oil Ministry has also shown interest for a crude oil pipeline from Hoima, Uganda to Lamu Port through Lokichar. It is expected to begin late 2015 and be completed by 2018,” he added.

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