The Challenges Facing the Oil and Gas Sector in Kenya and the Way Forward

11 Pages Posted: 20 May 2020

See all articles by Vellah Kedogo Kigwiru

Vellah Kedogo Kigwiru

Technische Universität München (TUM), Students; University of Narobi

Date Written: February 9, 2020

Abstract

The discovery of oil and gas in Kenya in 2012 by Tullow Oil provide a great opportunity to Kenya to position itself as an economic hub. However, the discovery comes with a number of challenges ranging from lack of capacity, political activism, and weak revenue collecting system, corruption, negative environmental concerns amongst others. Oil exploration in Kenya began in 1950s before Kenya’s independence. Earlier drills turned out to be dry and between 1960 and 1984, 16 wells were drilled mainly in Lamu and Anza basins. The recent development in the oil and gas industry comes along with its own challenges and opportunities which this paper delves into.

Suggested Citation

Kigwiru, Vellah Kedogo, The Challenges Facing the Oil and Gas Sector in Kenya and the Way Forward (February 9, 2020). Available at SSRN: https://ssrn.com/abstract=3534983 or http://dx.doi.org/10.2139/ssrn.3534983

Vellah Kedogo Kigwiru (Contact Author)

Technische Universität München (TUM), Students ( email )

Munich, 80333
Germany

University of Narobi ( email )

Nairobi
Kenya

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