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The Standard e-Paper
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The Standard Group Plc is a multi-media organization with investments in media
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Canada's Africa Oil Corp now says its earlier announced plans to pull out of Kenya's Turkana oil project have hit fresh headwinds following delayed State approvals.
Africa Oil last year announced its decision to withdraw from the Kenya Oil project along with its minority partner, the French company Total Energies. This move dealt a significant setback to Kenya's aspirations of becoming an oil exporter. The Canadian explorer said on Monday while it had sought Ministry of Energy approvals to trigger the exit, the process had been thrown in limbo by unexpected delays.
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