in Short

Kenya: Lamu oil prospects fuel Kenya’s economic plans dreams

Kenya is just weeks away from announcing the discovery of new oil resources in the Lamu basin, bigger than what was found a decade ago in Turkana, in what could be a turning point for the country’s dreams of reaping petrodollars.

The oil resources that can be recovered from the Block L11B are estimated at about 700 million barrels according to early conservative estimates.

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