Govt seeks independent audit of crude oil reserves

The Ministry of Energy and Petroleum has issued a fresh bid for consultancy services to audit the country’s crude oil reserves.

This comes as the government together with oil explorer Tullow makes steps towards making a final investment decision on the commercial viability of the country’s crude oil.

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The independent audit is expected to ascertain the exact crude oil reserves held in two oil blocks in Turkana County.

The audit will cover exploration works between 2012 and 2017.

British explorer Tullow estimates that the country has 750 million barrels of crude oil with the firm…

Source – Citizen TV