Oil drilling in Lamu to be­gin by March 2017

Firm found large quan­ti­ties of de­posits. County asks for per­cent­age of rev­enue

The Star (Kenya) - - Counties Coast - CHETI PRAXIDES @TheS­tarKenya

A multi­bil­lion oil and gas ex­plo­ration project in Lamu county will be­gin by March next year.

This fol­lows a se­ries of suc­cess­ful seis­mic sur­veys con­ducted in 2012-13 in Pate Is­land, Lamu East. They con­firmed the ex­is­tence of large quan­ti­ties of oil and gas de­posits.

The sur­veys were con­ducted by Zarara Oil and Gas Com­pany, a sub­sidiary of Mid­way Re­sources International. The com­pany said it will drill about 102 wells.

Man­ager Peter Nduru said on Sun­day in Faza town they have spent Sh1.1 bil­lion on the sur­veys. He said the se­cond phase will in­volve sinking wells and it will be more ex­pen­sive.

“If a well is to be drilled and com­pleted, the process takes three phases for Sh3 bil­lion. In 2013-14, we dealt with data pro­cess­ing and data in­ter­pre­ta­tion. In­di­ca­tions are that there could be gas. Until drilling is done, we can­not prove the quan­tity,” Nduru said.

He said an en­vi­ron­men­tal im­pact as­sess­ment had been con­ducted and the re­port handed over to the Na­tional En­vi­ron­ment and Man­age­ment Au­thor­ity.

County lead­ers have wel­comed the project. Gover­nor Issa Ti­mamy urged in­vestors to sign an MoU with the county for trans­parency and ac­count­abil­ity.

“We want proper and con­struc­tive en­gage­ment. Lamu county will need to be fully in­volved,” he said. Ti­mamy urged the in­vestor to al­lo­cate a per­cent­age of rev­enue to Lamu.

Newspapers in English

Newspapers from Kenya

© PressReader. All rights reserved.