President Uhuru Kenyatta announced on Thursday that the country concluded its first export deal of 200,000 barrels of crude oil for 12million US Dollars.
While chairing a cabinet meeting in Nairobi, Kenyatta,”We are now an oil exporter. Our first deal was concluded this afternoon with 200,000 barrels at a price of 12 million U.S. dollars.”
Tullow Oil plc company which has exploration and oil fields in Turkana stated that last week that the Early Oil Pilot Scheme (EOPS) production was increased from 600 barrels of of oil per day to 2,000 barrels per day, and 200,000 barrels of oil had been delivered to the port of Mombasa.
Details of the buyer where not disclosed but Kenyans are otherwise hoping that the price of fuel will drastically go low.