Kenya’s Lamu Port South Sudan and Ethiopia Transport (LAPSSET) corridor crude oil pipeline is still the cheaper way of transporting South Sudan and Uganda oil to international markets. Toyota Tsusho Corporation head of Pan Africa Regional Office and Strategic Alliance Department Kenji Suzuki and senior general manager Hideyuki Oiwa told the Sunday Nation that they have so far spent more than Sh100 million to do feasibility studies that eliminated both Tanzania and Ethiopia as

Genel Energy has announced that after a review of license potential, it has decided to exit its 44% working interest in the Adigala block onshore Ethiopia. According to Genel Energy the Adigala block which lies close to Somaliland, and was thought to be geologically analogous to the prolific producing Jurassic Rift Basins of Yemen. The explorer had earlier announced that a drill or drop decision would be reached in the first quarter of 2016 as it continued further processing