M a r k e t N e w s

Kenya: All Oil & Gas Contracts Signed By Government Should be Made Public - Civil Society

Posted on : Thursday , 23rd March 2017

Nairobi — The Kenya Civil Society Platform on Oil and Gas wants all the oil contracts signed between government and oil exploration companies made public since the discovery of oil in Kenya.

 
Led by Charles Wanguhu, the platform says at least 44 contracts have been signed for drilling in different oil blocks in Turkana but only 10 have been made public.
 
Wanguhu says putting the contracts in the public domain will assist in scrutinizing them and help make necessary changes especially on cost related and avoid future complications.
 
"Lack of disclosure simply means there will be less scrutiny. If there are more people scrutinizing say Tullow Oil activities, there would be more analysis out there. One would be able to catch even issues of costs if they are sort of exaggerated. In case of production, we will be able to follow if we are getting the revenue due to us," Wanguhu said on Tuesday.
 
He added that 16 contracts are yet to be signed calling on the government to wait for the passing of the Petroleum Exploration and Production Bill, 2015, which will play a key role in ensuring transparent deals.
 
The organisations specifically wants Energy and Petroleum Ministry to provide all copies of all contract entered into in the extractive sector and provide all production agreements entered between the government and oil companies to date including the ownership.
 
"We push for disclosure in the public interest and to spur public debate on whether the contracts entered into safeguard Kenya natural resources and are beneficial to long-term interests," Wanguhu added.
 
The organization has also faulted the recent move by the government to allow transportation for crude oil from Lokichar to Mombasa by road saying the commodity is still in small quantities hence not economical for the country.
 
"At the moment the only people who will benefit from this deal are the transporters. I think we should wait and at least have 15,000 barrels per day because 2000 is quite on the lower level. Before we go into the international market, we could first test the crude oil with our local industry," he said.

Source : allafrica.com
Featured Companies
  • GULF WELL SOLUTIONS
  • SKYTRADE GLOBAL ENTERPRISES LTD
  • /
  • MAVI DENIZ CEVRE HIZ A.S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  •  Magazine for Africa
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • Leading manufactures and expoters of the electronic products
  • The trusted source for all your heavy  equipment needs!
  • FAS Flüssiggas-Anlagen GmbH, Salzgitter, is one of the leading manufacturers and suppliers of LPG fittings and components for complete stations for the storage
  •  BMC China Exhibition Co., Ltd is the wholly-owned subsidiary of German Enerxy AG Group
  • Manufacturer & Trader of coil winding machines, toroidal coil winding machines, wire bunching machines, complete winding solution
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  •  K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • Catering for the most varied industrial storage requirements.
  • Ducorr is engaged in the engineering, manufacture & deployment of cathodic protection systems and products.
  • Automatic brick manufacturing machines
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Shenzhen City, Riland Industrial Co., Ltd. is China
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  •  Unipro was born to transmit and give it’s experience in trading high quality safety equipments ensuring high quality products under international standards required in the Oil and Gas, Mining, Construction, automotive, Steel and Chemical industries.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • VEGA Grieshaber KG is a world-leading supplier of level, switching and pressure instrumentation.
  • Pumping solutions, a technological potential.
  • Narrowtex is a fully integrated company with processes such as warping, weaving, knitting, dyeing, finishing, make-up and packaging
  • Sonmez Makina Ltd. is a manufacturer and exporter company for filling systems of domestic use LPG cylinders.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade