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Kenya allocates seven oil blocks to Nigerian companies

By on May 8, 2014

Nigerian businessmen have been awarded seven oil blocks for exploration from the 46 newly discovered oil blocks in Kenya.
The Chairman of the Nigeria-Kenya Chamber, Dr. Kiprono Kittony,  disclosed in Abuja late on Monday that this was agreed at a meeting with prominent businessmen from both countries.

The meeting was part of activities lined up for the state visit of President Uhuru Kenyatta to Nigeria, who had met his counterpart Goodluck Jonathan.

Kittony said the Joint Nigeria-Kenya Chamber of Commerce, inaugurated during a state visit of Jonathan to Kenya in September last year, had yielded fruits.

During Jonathan’s visit to Nairobi, Kenyan authorities had offered the 46 newly discovered oil blocs to interested Nigerian investors in the oil and gas industry to develop.

The chamber chairman added that it was exciting to see Nigerian investors coming to Kenya after the Jonathan visit, stressing that Kenyan Airways had increased the number of flights to Lagos to 10 in a week and promised to enhance the capacity of flights.
He noted that Kenyan Airways would from June 6, start direct flight to Abuja.

 

[This Day]