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State eyes Sh145b investments in oil, gas exploration by 2027

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Principal Secretary State department for petroleum Mohamed Laban and his Energy counterpart Alex Wachira welcome Cabinet Secretary Ministry of Energy and Petroleum Opiyo Wandayi to the launch of Strategic plan 2023-2027 at KICC on May 19, 2025. [Benard Orwongo,Standard]

The government is targeting Sh145.3 billion worth of investments in the petroleum blocks by the year 2027 in the latest strategic plan by the Ministry of Energy and Petroleum.

The Sh2.5 trillion strategy covering 2023-2027 places emphasis on petroleum and natural gas exploration. The document notes the availability of vast sedimentary basin covering 83 per cent of the country's surface area for exploration and development of the minerals.

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