Kenya to lay out nine new oil and gas blocks

Kenya round: Government intends to lay out nine new tracts

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News Wires

 12 February 2013 17:23 GMT

Kenyan energy officials said on Tuesday the country was demarcating up to nine new blocks of onshore and offshore territory for the auction of licences for oil and gas exploration.

The new licensing round will introduce an auction-style format to licensing blocks in Kenya, Permanent Secretary for Energy Patrick Nyoike told reporters at an event hosted by Africa Oil Corp, Reuters reported.

Previously Kenya operated more on a first-come, first-served basis, but since it has become established as a known area for hydrocarbon deposits, it wants to demand more from companies that seek to drill in the country, energy ministry officials said according to the news wire.

Nyoike said Kenya would demand higher licensing fees and impose heavier work programme requirements, which means…

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