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Transparency Key In Oil, Gas Sectors

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Kenya has a long history of exploration of oil and gas, which finally culminated in the important discoveries in 2012 of oil in the Turkana region and natural gas offshore. These discoveries have triggered a significant interest from the private sector to further explore the geological basins of Kenya, which, if successful, has the potential to substantially transform the Kenyan economy and the livelihoods of the Kenyan people. The prospect of commercially viable oil and gas could drive Kenya’s growth to the levels being experienced in the neighboring countries of Uganda and Tanzania, and...

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