Tullow Oil may shut down operations in northern Kenya in two weeks unless persistent issues with local residents, which threaten progress of the project, are resolved. Disruptions in the remote Turkana region have halted the shipments of a pilot programme to test early production and deliver oil from Lokichar to the port of Mombasa 1,000km away, for future export. Tullow, along with partners Africa Oil and Total, plans to make a final investment decision in 2019 to ramp up production by 2021 and develop a pipeline to ultimately transport the estimated 560-million barrel resource.

Selected by SPTEC Advisory from Business Live