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Tullow ties Turkana oil prospects to stake sale

tullow oil exploration turkana county lokichar basin
[Image source: NMG File Photo]
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Business Daily | by Brian Ngugi


The future of Kenya’s Turkana oil project is dependent on the British oil explorer Tullow and its partners getting a strategic investor, the firm has disclosed.

Failure to secure a strategic investor would deal a blow to Kenya’s hopes of petro-dollars needed to fuel economic growth as the project would face an uncertain future, the London listed Tullow now says…

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