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Sh10bn Treasury Cut Clouds Kenya’s Turkana Oil Plans

Sh10bn Treasury Cut Clouds Kenya’s Turkana Oil Plans

Business Daily reports that a Treasury funding cut of Sh10 billion threatens to derail Kenya’s oil ambitions. Despite the setback, Kenya—through Gulf Energy—still targets commercial production from Turkana’s Block T6 and T7 by December 2026.

Original headline

Treasury Sh10bn funding cut blights Kenya’s oil dream