State unveils first Turkana crude oil buyer next week

[Micymas]

@kiprunner

yako iko wapi tuone kama ya Kenya ni bure

the true state of oil in Kenya

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[Euler]

@spear

You are not getting my point, when I mean test it here, its not a laboratory. The test is the market, tunafungua kiosk kwa crude market and telling buyers this is the new kid in the block. Turkana oil. Buy barrels and see if you can consider buying in bulk on contract. This is our estimated reserve price.

I guess I have a lot to learn here. But @spear my concern is,shall we draw more value by exporting or using it domestically?

[spear]

@FireOne Euler

I guess I have a lot to learn here. But @spear my concern is,shall we draw more value by exporting or using it domestically?

You can’t use crude oil, we use refined oil. Look at next door how M7 is struggling to get investors onboard for his 20000 barrels a day refinery. He has so far signed two investors who left unceremoniously after they crunched the numbers. Uganda oil is twice our own. Let’s pray we get up to 300000 barrels a day then we can talk.