News / Africa
Oil has been discovered in Kenya
26 Mar 2012 at 13:38hrs | Views
Oil has been discovered in Kenya after exploratory drilling by Anglo-Irish firm Tullow Oil, President Mwai Kibaki has said.
The discovery was made in the country's north-western Turkana region.
Mr Kibaki said it was "the first time Kenya has made such a discovery" and called it a "major breakthrough".
Kenya is a regional business and tourist hub with the largest economy in East Africa, although its relative wealth is not based on mineral riches.
The Kenyan president said Tullow would drill more wells to establish the commercial viability of the oil.
The discovery was made in the country's north-western Turkana region.
Mr Kibaki said it was "the first time Kenya has made such a discovery" and called it a "major breakthrough".
Kenya is a regional business and tourist hub with the largest economy in East Africa, although its relative wealth is not based on mineral riches.
The Kenyan president said Tullow would drill more wells to establish the commercial viability of the oil.
Source - reuters
