{"id":4722,"date":"2016-05-26T11:19:54","date_gmt":"2016-05-26T11:19:54","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=4722"},"modified":"2017-01-25T08:12:26","modified_gmt":"2017-01-25T08:12:26","slug":"south-lokichars-final-investment-decision-to-be-out-by-august-tullow-oil","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/south-lokichars-final-investment-decision-to-be-out-by-august-tullow-oil\/","title":{"rendered":"South Lokichar\u2019s Final Investment Decision to be out by August – Tullow Oil"},"content":{"rendered":"

The final investment decision for the early oil pilot scheme in Kenya\u2019s oil rich South Lokichar basin is expected to be out either between the months of June and July according to Tullow Oil\u2019s director of government, public affairs and communications Anthony Mwangi at the ongoing 2nd Turkana Oil and Gas Conference in Lodwar.<\/p>\n

The explorer then expects early oil at a rate of 2,000 barrels of oil a day through road transport to commence in July 2017 from where it shall be stored for up to 8 months as to when adequate export amounts of over 600,000 barrels shall be achieved.<\/p>\n

Already the company says it holds about 70,000 barrels at the Ngamia and Amosing<\/a> fields that was extracted during the extensive well testing programme.<\/p>\n

The early oil according to Mwangi will enable the country acquire knowledge on how to access markets with factors such as refineries to be contracted to refine the waxy oil yet to be identified.<\/p>\n

\u201cSince it is clear that the Mombasa refinery cannot refine our crude oil we need to identify specialized refineries in East Asia such as Malasyia and India to handle this oil before we start exporting 100,000 barrels a day,\u201d Mwangi said.<\/p>\n

This will be ongoing as work on the pipeline continues with efforts to identify the project designer expected to conclude in the next fortnight.<\/p>\n

To date field development studies ongoing as well as the early oil pilot scheme and Expression of Interest on pipeline.<\/p>\n

The environmental impact assessment is also to be carried out\u00a0 with the International Finance Corporation (IFC) coming in as a joint venture partner with the work surely to be carried out as per World Bank standards,\u201d says commissioner for petroleum Martin Heya.<\/p>\n

The pipeline to be heated to 80 degrees will run underground from the Lokichar oilfields to the Kenyan coast before being transported for loading using an 8 kilometer underground pipeline offshore.<\/p>\n

On social empowerment Tullow Oil says it is sponsoring 60 students to the Lokichar Polytechnic who will learn various skills including welding expected to employ up to 2000 works during the pipeline project. To date Kenya has 4 certified welders a majority of whom are past the age of 50 years.<\/p>\n

\u201cDeveloping capacity will enable the country have the first mover advantage which will enable Kenya export requisite skills to the region,\u201d Mwangi adds<\/p>\n

Tullow Oil estimates that the investment in the oil and gas sector in the Eastern Africa region could reach $100 billion in the next five years providing numerous employment opportunities for skilled residents.<\/p>\n

To date Tullow Oil estimates to have spent about $1.5Billion used so far in its activities that including 31 wells exploration and appraisal wells, training and capacity building a majority of which is recoverable. as per the latest estimates Kenya has 750 million barrels<\/a> of recoverable oil.<\/p>\n

Cabinet Secretary for Energy and Petroleum Charles Keter is expected to attend tomorrow.<\/p>\n","protected":false},"excerpt":{"rendered":"

The final investment decision for the early oil pilot scheme in Kenya\u2019s oil rich South Lokichar basin is expected to be out either between the months of June and July … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":2507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[4500,4502,539,696,4501,3183,1171,4503,2377,2571,2580],"class_list":["post-4722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-2nd-turkana-oil-and-gas-conference-in-lodwar","tag-anthony-mwangi","tag-crude-oil-pipeline","tag-eastern-africa","tag-extended-well-testing","tag-final-investment-decision","tag-investment","tag-pipeline-project-designer","tag-south-lokichar","tag-tullow-oil","tag-turkana","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/02\/KE-1316-Etuko-1-Marriott-PR46-Rig-2429-3.jpg?fit=512%2C768&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1ea","jetpack-related-posts":[{"id":4856,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenyas-early-oil-project-fid-could-be-out-this-week\/","url_meta":{"origin":4722,"position":0},"title":"Kenya\u2019s Early Oil Project FID Could Be Out This Week","author":"","date":"July 25, 2016","format":false,"excerpt":"The South Lokichar final investment decision on the early oil project by block operator Tullow Oil could be out by Wednesday as the company releases the 2016 Half Year Results. Tullow Oil had in May through their\u00a0director of government, public affairs and communications Anthony Mwangi said that the decision would\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/truck-ransport.jpg?fit=1200%2C550&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/truck-ransport.jpg?fit=1200%2C550&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/truck-ransport.jpg?fit=1200%2C550&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/truck-ransport.jpg?fit=1200%2C550&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/truck-ransport.jpg?fit=1200%2C550&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":4747,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-kenya-government-committed-to-first-oil-by-2017\/","url_meta":{"origin":4722,"position":1},"title":"Tullow Oil, Kenya Government Committed to First Oil By 2017","author":"","date":"June 12, 2016","format":false,"excerpt":"The Kenya government and oil explorer Tullow Oil have reaffirmed plans to start product in the Lokichar basin by mid-2017 as planned in a meeting with the CEO and other senior executives of Tullow Oil in\u00a0a statement by statehouse spokesman Manoah Esipisu . According to a statement by the president\u2019s\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/02\/KE-1316-Etuko-1-Marriott-PR46-Rig-2429-3.jpg?fit=512%2C768&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5961,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-seeks-end-dispute-contractor-turkana-csr-projects\/","url_meta":{"origin":4722,"position":2},"title":"Tullow Oil Seeks to End Dispute With Contractor in Turkana CSR Projects","author":"","date":"May 16, 2017","format":false,"excerpt":"Kenya\u2019s Block 10BB and 13T operator has said it is working to end a dispute with Shaaba Civil Engineering & Construction\u00a0contracted to undertake works at six respective social investment projects on public facilities in Turkana. 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According to the report the company expects to have drilled 200 to 300 wells in phases in Kenya almost\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/02\/oil-and-gas-jobs.jpg?fit=700%2C466&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/02\/oil-and-gas-jobs.jpg?fit=700%2C466&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/02\/oil-and-gas-jobs.jpg?fit=700%2C466&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/02\/oil-and-gas-jobs.jpg?fit=700%2C466&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/4722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=4722"}],"version-history":[{"count":3,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/4722\/revisions"}],"predecessor-version":[{"id":4725,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/4722\/revisions\/4725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/2507"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=4722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=4722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=4722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}