Oil exploration in Turkana is edging closer to commercial production, more than a decade after crude oil was first discovered in the region in March 2012.
The project is expected to transform Kenya’s energy sector and create new economic opportunities.
According to project projections, Turkana holds an estimated 2.85 billion barrels of oil in place, with 429 million barrels classified as recoverable reserves.
Commercial development is expected to begin 14 years after the initial discovery, with first oil targeted by the end of 2026.
At peak production, the fields are expected to produce up to 50,000 barrels of oil per day.
The project has an anticipated lifespan of 25 years, underlining its long-term significance to Kenya’s economy.
Investment in the venture is projected to reach Sh646 billion ($5 billion) in capital expenditure, while operating costs are estimated at Sh1.03 trillion ($8 billion) over the life of the project.
The development is also expected to generate more than 3,000 jobs, providing employment opportunities and supporting economic growth in Turkana and beyond.
