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With Oil in Turkana, Why Are We Still Importing It?
Rank: Veteran Joined: 8/10/2014 Posts: 954 Location: Kenya
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Ericsson wrote:kawi254 wrote:T-Bag wrote:mkate_nusu wrote:quadc wrote:They should put up a refinery at Turkana. The Chadians were determined to build one and ignored the viability stories even after several countries declined to finance. Chinese came to the rescue and in less than 5 years djarmaya oil refinery and with over 300KM pipeline was up and running.
Museveni even took some engineers wajionee as he is determined to have one in Hoima.
Then we can use that waxy bitumen to make a freeway from Turkana to Lamu unfortunately the policy makers are suffering from primitive thinking due to sizes of their brains or have no real intention to get us out of poverty On point, just discovered that the world's largest oil producer is USA and not the usual middle eastern Arabs courtesy of fracking (Hydraulic fracturing from shale rock). Why was Kenya not able to float a sovereign bond (good appetite at this) build our own infrastructure from gound up i.e. feasibility, exploration, mining technology, marketing etc? The billions lost in non-existent Arror & Kimwarer dams means we can take a loss in having a local refinery for local consumption but that again will create a new avenue for lost billions. A local black Ghanaian owned company drilled and discovered some 1.5 billion barrels of Oil offshore Ghana coast in August 2019.... clearly trucking oil from Turkana to Mombasa is not profitable so what is the reason we are doing this? Look at it the other way. Who has the tender to do the trucking  EXACTLY!
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Wazua
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With Oil in Turkana, Why Are We Still Importing It?
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