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
