Business Daily | by Brian Ngugi
Kenya has set a December deadline for British firm Tullow Oil to present a comprehensive investment plan for oil production in Turkana County or risk losing concession on two exploration fields in the area.
Tullow, which struck oil in the Lokichar basin of Turkana nine years ago, is yet to develop the field for commercial production amid growing frustrations for Kenya over delayed petroleum wealth benefits.
The delay has been attributed to several factors, including unfavourable global oil prices, approval delays for land and water rights…
