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 options of cheap transportation of crude oil.
“We have carried 0ut four studies on the crude oil pipeline since 2011 before Kenya was certain of its oil reserves,” says Mr Oiwa,...
Civil society organisations including Global Rights Alert, Transparency International & ActionAid Uganda have launched an online petition calling on government to ensure transparency in managing oil revenue by joining the Extractive Industries Transparency Initiative (EITI). In the meantime, a columnist argues that secrecy in oil deals could undermine locals' ability to benefit from oil revenue.