Kenya plans February sale of second oil shipment

An oil tanker carrying 200,000 barrels of crude oil is berthed at Kipevu Oil Terminal in Kenya's port city of Mombasa August 26, 2019 just before it was flagged off by President Uhuru Kenyatta on the inaugural shipment of crude oil by Kenya. PHOTO | NMG  

In Summary

• Global refining plants and international traders will be invited to bid for the 500,000 barrels of crude oil in an international tender.
• The crude oil is currently being transported by road from Lokichar, in northern Kenya, to Mombasa for stockpiling.
• Kenya’s first cargo of 240,000 barrels of crude sold for $12 million under the government’s early oil pilot scheme (EOPS) in August.

By KENNEDY SENELWA

Kenya plans to flag off the second shipment of early oil exports in February next year as the