Tullow revises crude shipment to 2019
Tullow Oil has revised Kenya’s expected first crude oil shipments.
The company now says this could happen in the first half of 2019 and is pricing the product for the market.
Chief Executive officer Paul McDade told Reuters news agency that they will begin sharing samples of the crude to allow refineries asses it ahead of the shipment.
The CEO further said they expect tenders for the proposed Turkana- Lamu pipeline to go out early next year. Tullow has been trucking crude from the Lokichar oil fields to Changamwe Mombasa ahead of the planned shipment.
Some 200,000 barrels are expected to be in place under the Early Oil Piloting Scheme before the export begins.
Mcade spoke on the sidelines of the Africa Oil Week conference in Cape Town South Africa.
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