Kenya wooing oil and gas investors at London bourse
A truck loaded with crude oil heading to Mombasa. Kenya has not made any new oil and gas discoveries since Tullow discovered crude in Lokichar in 2012 largely due to foreign exploration firms slashing capital expenditure after crude prices plummeted to below $50 per barrel. FILE PHOTO | NMG
Kenya has stepped up efforts to tap global investors at the London Stock Exchange to raise capital to fund projects in the oil and gas sector.
The country, which is seeking resources to finance upstream, midstream and downstream projects held the inaugural Kenya Energy & Petroleum Capital Markets Day at the London bourse last week.
