EOPS evacuated 60,000 Barrels of Oil to Date

The early oil pilot scheme has to date transported from Turkana to Mombasa over 60,000 barrels according to Irish explorer Tullow Oil in its latest statement. According to the company the scheme has to date seen 100 trips from North western Kenya to the Kenyan coast at a rate of 600 barrels per trip with an average of eight trucks being dispatched every two days.

The company adds that it expects this trips three-fold to increase to 2,000 bopd from April 2019 which will enable a maiden lifting expected in the first half of 2019.  This first shipment is expected to help the country avail its product to the international market with the crude destined to Asian refineries.

The pilot scheme is expected to help the country transition into full production which is expected in phases a cost saving measure according to the joint venture as it will allow them to limit upfront capital expenditures while allowing a Kenyan export pipeline to move forward.

Further the company adds it has made substantial progress in Kenya in 2018 and continues to target FID in late 2019 and First Oil in 2022with land acquisition, commercial frameworks and contract awards being among key milestones to be achieved throughout 2019.

Author: OilNews

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