{"id":990,"date":"2014-05-06T18:50:36","date_gmt":"2014-05-06T15:50:36","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=990"},"modified":"2015-09-09T10:47:41","modified_gmt":"2015-09-09T10:47:41","slug":"did-kenya-award-angote-7-oil-blocks","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/did-kenya-award-angote-7-oil-blocks\/","title":{"rendered":"Did Kenya award Angote 7 Oil Blocks?"},"content":{"rendered":"

Kenya has given Nigerian Mogul Aliko Angote seven oil blocks in the country according to reports from Nigeria\u2019s PM News<\/a> citing Kiprono Kittony, the Chairman of the Nigeria-Kenya Chamber of Commerce.<\/p>\n

The oil blocks according to Kiprono was part of deals that were reached in the state visit by President Uhuru Kenyatta to President Goodluck Jonathan and is\u00a0part of 46 newly discovered oil blocks that Nigerian businessmen were promised in an earlier visit to Kenya by the Nigerian leader.<\/p>\n

Earlier last year Nigeria\u2019s Minister for Petroleum Resources Diezani Alison-Madueke told the State-run News Agency of Nigeria that Kenya had given her country 46 oil blocks the bilateral oil and gas Memorandum of Understanding (MoU), which was among the seven signed during the Nairobi visit.<\/p>\n

\u201cIt is well known now that Kenya recently discovered hydro-carbon reserves and they are very keen to move quite aggressively in terms of exploration activities. They felt that, as a sister African country, it only makes sense that we exchange agreement in co-operation to hand over knowledge, capabilities and experience learnt,\u201d The Daily Nation<\/a> reported.<\/p>\n

The Secretary for Communications and State House Spokesman Manoah Esipisu denied this statement by the Nigerian Minister.<\/p>\n

\u201cIf the Nigerian minister said that, it is not true. Kenya signed an MoU with Nigeria and there was nothing specific attached to it; the MoU contained no oil blocks.” Said Esipisu.<\/p>\n

Esipisu did however indicate that the MoU would be turned into agreements in 2014 during President Uhuru Kenyatta’s visit to Nigeria.<\/p>\n

It was however not clear which exact blocks were issued to the West African billionaire who has interests in the oil and gas sectors in Nigeria under the Dangote Grroup including 9% Investment in Block I in Joint Development Zone ( JDZ ) of Nigeria Sao-Tome along with Chevron Texaco and ExxonMobil, 10 % Investment in Block III in JDZ of Nigeria along with Anadakko as Operator \u00a0and 6 % Investment in Block 315 in Nigeria along with Statoil and Petrobas as operators.<\/p>\n

According to the Ministry of Energy Senior Principal Superintending Geologists Hudson Andambi in a recent interview with Xinhua<\/a> there are only 5 blocks that are not under exploration in the country raising question on the said 7 blocks.<\/p>\n

The government of Kenya under the new law that is yet to be discussed in parliament is also on record saying that blocks will be auctioned through competitive bidding henceforth through direct negotiations with the government as was the case under the previous regime.<\/p>\n

The Dangote group has previously\u00a0through its Group Executive Director Devakumar Edwin said it was interested in the energy sector with purchase of Nigerian oil fields as international companies plan to sell onshore assets with<\/p>\n

\u201cWe\u2019re seriously thinking of investing in oil blocks both for gas and for oil. We\u2019ve started talking with some companies who are divesting from onshore,\u201d Edwin said in January in an interview with Bloomberg.<\/p>\n

Among oil and gas explorers that are selling onshore and shallow water field in the country include Royal Dutch Shell Plc (RDSA) and Chevron Corp. due to insecurity and oil theft in the Niger River Delta.<\/p>\n

Angote also has a project to build an oil refinery in Nigeria.<\/p>\n","protected":false},"excerpt":{"rendered":"

Kenya has given Nigerian Mogul Aliko Angote seven oil blocks in the country according to reports from Nigeria\u2019s PM News citing Kiprono Kittony, the Chairman of the Nigeria-Kenya Chamber of … Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":991,"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":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7,11],"tags":[125,447,589,601,1029,1252,1256,1334,1579,1749,1750,1855,2075,2196,2615],"class_list":["post-990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oil-politics","category-top-news","tag-aliko-angote","tag-chevron-corp","tag-devakumar-edwin","tag-diezani-alison-madueke","tag-goodluck-jonathan","tag-kenya","tag-kenya-chamber-of-commerce","tag-kiprono-kittony","tag-minister-for-petroleum-resources","tag-nigeria","tag-nigeria-chamber-of-commerce","tag-oil-blocks","tag-president-uhuru-kenyatta","tag-royal-dutch-shell-plc","tag-uhuru-kenyatta","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/05\/alhaji-aliko-dangote.jpg?fit=580%2C327&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-fY","jetpack-related-posts":[{"id":1589,"url":"https:\/\/www.oilnewskenya.com\/index.php\/camac-energy-eyeing-the-nairobi-securities-exchange\/","url_meta":{"origin":990,"position":0},"title":"Camac Energy eyeing the Nairobi Securities Exchange","author":"Samuel Kamau Mbote","date":"August 8, 2014","format":false,"excerpt":"US-based oil and gas exploration company Camac Energy has said it is eyeing to list in the Nairobi Securities Exchange which would make it the first oil explorer to be listed in the Kenyan bourse. \u201cCamac Energy is listed on both the New York and Johannesburg stock exchanges and is\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\/2014\/03\/camac-energy-logo.jpg?fit=530%2C370&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/camac-energy-logo.jpg?fit=530%2C370&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/camac-energy-logo.jpg?fit=530%2C370&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2879,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-chamber-commerce-industry-undertake-investor-advisory-role-oil-gas\/","url_meta":{"origin":990,"position":1},"title":"Kenya Chamber of Commerce and Industry to Undertake Investor Advisory Role in Oil and Gas","author":"","date":"May 5, 2015","format":false,"excerpt":"The Kenya Chamber of Commerce and Industry whose main role is to advocate interest for businesses, provide a platform for networking as well as houses a resource center says it is taking a step forward that will benefit its members in the oil and gas sector. 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