The games the oil industry plays in Kenya

Industry analysts are also cautioning that time is running out for the Executive and Parliament to draft and pass legislation that guarantees the country reaps maximum benefits from the expected exports.PHOTO: COURTESY

Kenyans should be wary of viewing the anticipated oil exports as a silver bullet that will solve the country’s economic problems.

Just look at the demonstrated failure by the Organization of Petroleum Exporting Countries (Opec) to substantially raise global crude oil prices despite holding endless talks on the matter.