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How Kenya could be digging itself into the 'oil curse'
The decision by the Government to cancel for the second time the Early Oil Pilot Scheme (EOPS) on Thursday has left in its wake questions on whether Kenya's discovery of crude is turning out to be the curse of black gold.
While Energy Cabinet Secretary Charles Keter put up a brave face blaming the last minute decision to pull the plug on lack of regulatory framework just hours before the massively publicized deadline, underneath were signs of brewing trouble.
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