Kenya iliuzwa: Munyes: Sh300bn Turkana oil deal to remain secret

D

Deorro

Guest
#1
first it was the SGR deal, mkanyamaza. Now Turkana Oil deal pia ni secret na mmenyamaza tu. It's like tumekubali kujilube and let Gatheca f**k us with sweetness and niceness like we are his.... ama wacha tu


Kenya has signed a deal with Turkana oil exploration firms that will see them source up to Sh300 billion ($3 billion) funding from international financiers, but Petroleum Secretary John Munyes says the agreement will be kept secret from taxpayers.
Petroleum Ministry bureaucrats cited official secrecy and commercial confidentiality while declining to disclose details of the agreement reached with three oil majors for development of the South Lokichar oil basin.
Mr Munyes said the Heads of Terms (HoT) agreement signed Tuesday with Tullow Oil and its joint partners — Total and Africa Oil — after 15 months of negotiations cover aspects such as cost recovery, fiscal review and tax incentives.
He, however, declined to share copies of the agreement with the media.
Article 35 of the Kenyan Constitution states that “every citizen has the right of access to information held by State ... The State shall publish and publicise any important information affecting the nation.”
“You don’t have to worry about the details of HoT because it has taken good care of Kenyans’ interests,” Mr Munyes told journalists after a brief ceremony in his office attended by representatives of the oil majors.
“It took us 15 months of gruelling negotiations to come up with terms that are agreeable to all the parties.”
The HoTs, also known as letter of intent or memoranda of understanding, is not a legally binding document but signals the general contractual direction that Kenya’s oil production seeks to take.
The document is supposed to set out the preliminary terms of commercial principles reached between Kenya and the oil majors over the development of the Amosin, Ngamia and Twiga oil fields. Officials of the oil majors said they agreed under the HoT that Amosin, Ngamia and Twiga will have a crude oil pipeline with a capacity to pump between 60,000 and 80,000 barrels per day (bpd) to a central processing facility and an export pipeline to Lamu. The infrastructure installed will also be designed to support future oil discoveries.
Mr Munyes said signing of the HoT paves the way for the State to start land acquisition and make arrangements with West Pokot County to deliver water from Turkwel to Turkana for the oil development project.
“I want to assure Kenyans that two years from now, a pipeline will be delivering at least 60,000 bpd of oil to Lamu for export,” he said.
The oil majors will initially rely on the HoT to pitch for the financing of the project before they come up with a legally binding document called the Final Investment Decision (FID).
“We have gone through a difficult period (of negotiation) to reach this significant milestone. The (resulting) HoT is fantastic for Kenya and our joint partners,” said Mr Mark Macfarlane, Tullow’s executive vice-president.
The majors are also supposed to rely on HoT to process front-end engineering and design (FEED) as well as environmental impact assessment before they settle on the contractor of their upstream and midstream infrastructure projects.
Kenyans, especially the Turkana residents, have been keen on exploitation of the resource found in their region. Apart from frequently blocking Kenya’s early oil export bid to Mombasa, it is partly due to sharp disagreement over oil revenue sharing formula that the Petroleum Bill remains unsigned for close to one year after Parliament passed it.


https://www.businessdailyafrica.com...main-secret/539546-5171844-xdshhvz/index.html
 

Dasani

Village Elder
#3
Hii kenya sidhani Kenyatta family will soon vacate statehouse..liwe liwalo wata either lobby Uhuru arudi as PM or they will install a puppet president just like Congo
The stake they have in kenya plus the trillions they have stolen are at stake
Bottomline Kenyans can go fuuuuck themselves
 

Nattydread

Village Chief
#4
Meanwhile, in Italy today....

Nigeria: Malabu Scandal - Ex-Russian Diplomat Who Claimed Goodluck Jonathan Received Kickback Appears in Italian Court

By Oladeinde Olawoyin
A former Russian diplomat, Ednan Agaev, on Wednesday appeared before an Italian court in Milan over the controversial Malabu scandal.
Mr Agaev, a middleman and defendant in the case, once claimed that former president Goodluck Jonathan may have received $200 million in the controversial deal.
The Russian middleman helped negotiate the transfer of the OPL 245 oil block to Shell and Eni, two multinationals at the heart of the scandal.
In 2017, a report based on Italian court documents obtained by BuzzFeed and Italian business newspaper, Il Sole 24 Ore, quoted Mr Agaev as saying that Dan Etete, the former Petroleum Minister at the heart of the oil scandal, said he intended to dole out as much as $400 million in bribes if the deal went through.
If Mr Etete actually paid out such an amount in bribes to Nigerian officials, "Agaev stated that he would think President Goodluck Jonathan got at least $200 million of this money," BuzzFeed quoted an excerpt of FBI submissions to Italian authorities as saying.

The revelations were made when the FBI interviewed Mr. Agaev, whom prosecutors also said met with Mr Jonathan on more than one occasion in Nigeria during the OPL 245 negotiations.
Mr Agaev, who at some point served as Mr Etete's representative in the negotiation, said the convicted former petroleum minister told him of the $400 million bribe to Nigerian politicians when he approached him for his payment.
The Russian also repeated the claim in a follow-up interview with Italian prosecutors, led by Fabio De Pasquale in Milan.
"I said that if it's true, that he paid, he had to pay 400 million, I assume that at least 200 went to Goodluck (Jonathan)."

"I heard from Chief (Etete), he claims that he had to pay 400 million, so, if this is true, if he paid 400 million, then most probably the President, as the biggest boss, took at least the half of it," BuzzFeed wrote, quoting documents prepared by Italian prosecutors.
Mr Etete eventually recevied over $800 million of the $1.1 billion paid by Shell and Eni for the block. The former petroleum minister would later admit that of the amount he received, only $250 million was meant for him.

Mr Jonathan has, however, denied wrongdoing and none of the officials during his administration has publicly admitted receiving the bribe.
On Wednesday, Mr Agaev is expected to appear as the first of the defendants in the OPL 245 trial to take the stand. Eni and Shell executives on trial had earlier declined to give evidence.
All the defendants deny wrongdoing.
Last December, details emerged that Russia asked Italy to drop chargesagainst Mr Agaev.
Reuters reported that legal documents showed that authorities in Russia planned to ensure charges against Mr Agaev, a former ambassador, were dropped.
The defendant just appeared on the stand at the Italian court at the time of filing this report Wednesday morning.
Details shortly...

Read the original article on Premium Times.

https://allafrica.com/stories/201906260624.html

Shell has been bribing for oil blocks for decades and holds the blueprint. The secrecy is to hide layers of beneficiaries whose palms were greased in the deal. Tusidanganywe.
 
#5
first it was the SGR deal, mkanyamaza. Now Turkana Oil deal pia ni secret na mmenyamaza tu. It's like tumekubali kujilube and let Gatheca f**k us with sweetness and niceness like we are his.... ama wacha tu


Kenya has signed a deal with Turkana oil exploration firms that will see them source up to Sh300 billion ($3 billion) funding from international financiers, but Petroleum Secretary John Munyes says the agreement will be kept secret from taxpayers.
Petroleum Ministry bureaucrats cited official secrecy and commercial confidentiality while declining to disclose details of the agreement reached with three oil majors for development of the South Lokichar oil basin.
Mr Munyes said the Heads of Terms (HoT) agreement signed Tuesday with Tullow Oil and its joint partners — Total and Africa Oil — after 15 months of negotiations cover aspects such as cost recovery, fiscal review and tax incentives.
He, however, declined to share copies of the agreement with the media.
Article 35 of the Kenyan Constitution states that “every citizen has the right of access to information held by State ... The State shall publish and publicise any important information affecting the nation.”
“You don’t have to worry about the details of HoT because it has taken good care of Kenyans’ interests,” Mr Munyes told journalists after a brief ceremony in his office attended by representatives of the oil majors.
“It took us 15 months of gruelling negotiations to come up with terms that are agreeable to all the parties.”
The HoTs, also known as letter of intent or memoranda of understanding, is not a legally binding document but signals the general contractual direction that Kenya’s oil production seeks to take.
The document is supposed to set out the preliminary terms of commercial principles reached between Kenya and the oil majors over the development of the Amosin, Ngamia and Twiga oil fields. Officials of the oil majors said they agreed under the HoT that Amosin, Ngamia and Twiga will have a crude oil pipeline with a capacity to pump between 60,000 and 80,000 barrels per day (bpd) to a central processing facility and an export pipeline to Lamu. The infrastructure installed will also be designed to support future oil discoveries.
Mr Munyes said signing of the HoT paves the way for the State to start land acquisition and make arrangements with West Pokot County to deliver water from Turkwel to Turkana for the oil development project.
“I want to assure Kenyans that two years from now, a pipeline will be delivering at least 60,000 bpd of oil to Lamu for export,” he said.
The oil majors will initially rely on the HoT to pitch for the financing of the project before they come up with a legally binding document called the Final Investment Decision (FID).
“We have gone through a difficult period (of negotiation) to reach this significant milestone. The (resulting) HoT is fantastic for Kenya and our joint partners,” said Mr Mark Macfarlane, Tullow’s executive vice-president.
The majors are also supposed to rely on HoT to process front-end engineering and design (FEED) as well as environmental impact assessment before they settle on the contractor of their upstream and midstream infrastructure projects.
Kenyans, especially the Turkana residents, have been keen on exploitation of the resource found in their region. Apart from frequently blocking Kenya’s early oil export bid to Mombasa, it is partly due to sharp disagreement over oil revenue sharing formula that the Petroleum Bill remains unsigned for close to one year after Parliament passed it.


https://www.businessdailyafrica.com...main-secret/539546-5171844-xdshhvz/index.html
Fuak yaani total are in on it...major screwup on the way...and since when did government say they have a good deal for the people of kenya and then say its also a secret..MF...please! Ps kama Total wako hapo kila mtu from MCA to president amepata bribes zake already
 

Swansea

Village Elder
#9
MPs and Senators are sleeping on their jobs. For wananchi, there is nothing we can do after election day. Kazi yetu huishia hapo. Blame MPigs and Senators for doing nothing about it.
What do you expect or want them to do? Money talks, bulshit walks. Kenya MPigs get paid more than US public officials, the richest country in the world and they are clamoring for more. They too have aspirations for themselves, their families. You expect them to fight for the public interest? Keep dreaming. In short, Kenya is fucked.
 
Last edited:

Kimakia

Village Elder
#13
MPs and Senators are sleeping on their jobs. For wananchi, there is nothing we can do after election day. Kazi yetu huishia hapo. Blame MPigs and Senators for doing nothing about it.
All have been pocketed and I don't think they even take such matters seriously
 
#14
Meanwhile, in Italy today....

Nigeria: Malabu Scandal - Ex-Russian Diplomat Who Claimed Goodluck Jonathan Received Kickback Appears in Italian Court

By Oladeinde Olawoyin
A former Russian diplomat, Ednan Agaev, on Wednesday appeared before an Italian court in Milan over the controversial Malabu scandal.
Mr Agaev, a middleman and defendant in the case, once claimed that former president Goodluck Jonathan may have received $200 million in the controversial deal.
The Russian middleman helped negotiate the transfer of the OPL 245 oil block to Shell and Eni, two multinationals at the heart of the scandal.
In 2017, a report based on Italian court documents obtained by BuzzFeed and Italian business newspaper, Il Sole 24 Ore, quoted Mr Agaev as saying that Dan Etete, the former Petroleum Minister at the heart of the oil scandal, said he intended to dole out as much as $400 million in bribes if the deal went through.
If Mr Etete actually paid out such an amount in bribes to Nigerian officials, "Agaev stated that he would think President Goodluck Jonathan got at least $200 million of this money," BuzzFeed quoted an excerpt of FBI submissions to Italian authorities as saying.

The revelations were made when the FBI interviewed Mr. Agaev, whom prosecutors also said met with Mr Jonathan on more than one occasion in Nigeria during the OPL 245 negotiations.
Mr Agaev, who at some point served as Mr Etete's representative in the negotiation, said the convicted former petroleum minister told him of the $400 million bribe to Nigerian politicians when he approached him for his payment.
The Russian also repeated the claim in a follow-up interview with Italian prosecutors, led by Fabio De Pasquale in Milan.
"I said that if it's true, that he paid, he had to pay 400 million, I assume that at least 200 went to Goodluck (Jonathan)."

"I heard from Chief (Etete), he claims that he had to pay 400 million, so, if this is true, if he paid 400 million, then most probably the President, as the biggest boss, took at least the half of it," BuzzFeed wrote, quoting documents prepared by Italian prosecutors.
Mr Etete eventually recevied over $800 million of the $1.1 billion paid by Shell and Eni for the block. The former petroleum minister would later admit that of the amount he received, only $250 million was meant for him.

Mr Jonathan has, however, denied wrongdoing and none of the officials during his administration has publicly admitted receiving the bribe.
On Wednesday, Mr Agaev is expected to appear as the first of the defendants in the OPL 245 trial to take the stand. Eni and Shell executives on trial had earlier declined to give evidence.
All the defendants deny wrongdoing.
Last December, details emerged that Russia asked Italy to drop chargesagainst Mr Agaev.
Reuters reported that legal documents showed that authorities in Russia planned to ensure charges against Mr Agaev, a former ambassador, were dropped.
The defendant just appeared on the stand at the Italian court at the time of filing this report Wednesday morning.
Details shortly...

Read the original article on Premium Times.

https://allafrica.com/stories/201906260624.html

Shell has been bribing for oil blocks for decades and holds the blueprint. The secrecy is to hide layers of beneficiaries whose palms were greased in the deal. Tusidanganywe.
These happenings renders corruption in .ke to the sandbox, child play manenos.
 

sani

Village Elder
#15
There is no meaningful oil in Turkana. Tullow wrongly claims they are spending over 500 billion there, which they must recover from us. Kenya was auctioned by the Kenyatta family, in exchange for protection by UK and Paris and Washington.

The lamu coal plant is one of the biggest US interests in Kenya, and will go on the easy way or hard way
 
#16
There is no meaningful oil in Turkana. Tullow wrongly claims they are spending over 500 billion there, which they must recover from us. Kenya was auctioned by the Kenyatta family, in exchange for protection by UK and Paris and Washington.

The lamu coal plant is one of the biggest US interests in Kenya, and will go on the easy way or hard way
It will go the hard way, @Panyaste style
 

Mr Black

Village Elder
#18
There is no meaningful oil in Turkana. Tullow wrongly claims they are spending over 500 billion there, which they must recover from us. Kenya was auctioned by the Kenyatta family, in exchange for protection by UK and Paris and Washington.

The lamu coal plant is one of the biggest US interests in Kenya, and will go on the easy way or hard way
How will they recover their money from us if we are not paying for anything?
 

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