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Will Kenya or Uganda be east Africa’s first oil producer? | theguardian.com

The race is on between Uganda and Kenya to see which will emerge as the region’s first oil producer. With the Ugandan government estimating reserves of about 3.5bn barrels and the UK’s Tullow Oil announcing that last year’s discoveries amounted to 600m barrels in northern Kenya, both countries are keen to press ahead with production and the promise that holds for increased revenues and national development.

Yet a number of issues stand in the way of realising the potential of what Tullow Oil has called “an emerging powerhouse in future global oil supply markets”. The most obvious is that there is no means of exporting oil from the two inland basins – South Lokichar in the Lake Turkana region of Kenya and the Albertine Graben on the shores of Lake Albert in Uganda.

For more on this story, visit: Will Kenya or Uganda be east Africa’s first oil producer? | Global development | theguardian.com.

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