Tullow Says Kenya Sees First Oil Exports as ‘National Priority’
By Eduard Gismatullin
Tullow Oil Plc (TLW), which found Kenya’s first crude, said the East African nation considers the start of production and exports as a “national priority.”
The company together with partner Africa Oil Corp. are working with the Kenyan government on a plan to start field development and export pipeline construction as soon as next year, Tullow said today in a statement. It may pump about 50,000 barrels of oil a day in 2020 net to the company, according to the U.K. explorer’s presentation.
“They see it as a project of national priority and they are very focused on getting first oil from Kenya as soon as practical, but doing it properly,” Chief Operating Officer Paul McDade told investors in London. “They recognize that the pipeline from northern Kenya to the coastline is the critical path, and they are in a strong dialog with us.”
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