The Kenyan government has announced plans to open 10 oil and gas exploration blocks to investors, with the licensing round scheduled to commence in September. This initiative aims to attract investment and stimulate development in the country’s petroleum sector.
Energy and Petroleum Cabinet Secretary Opiyo Wandayi stated that the selected blocks are strategically located based on comprehensive geoscientific data. He emphasized that the licensing process will be conducted transparently and based on merit.
To support potential investors, Kenya has compiled extensive geoscientific data, including seismic surveys, geological reports, and well data, which are accessible at the National Data Centre managed by the National Oil Corporation of Kenya.
The government is also investing in infrastructure projects to facilitate oil and gas exploration and development. Key initiatives include the expansion of Lamu Port under the LAPSSET Corridor Programme and improvements to road networks. Additionally, the Lamu-Lokichar pipeline project is expected to enhance the transportation of petroleum products. The Front End Engineering Design for the 852 km Lokichar-Lamu pipeline has been completed, and the Environmental and Social Impact Assessment report has been submitted to the National Environment Management Authority for approval.
Furthermore, the government is offering a stable legal framework and flexible Production Sharing Contract terms to attract investors. Petroleum Principal Secretary Mohamed Liban highlighted that these incentives are designed to maximize benefits from the sector and ensure investments are well-supported through improved policies and infrastructure.
Kenya’s petroleum industry presents significant opportunities, particularly with proven reserves in regions like Turkana. The government is committed to sustainable growth in the oil and gas sector and is actively seeking both local and international investors to explore its hydrocarbon potential.
