Tuesday, July 16, 2013

Kenya: Company Suspends Garissa Oil Search | AFRICAN OIL AND GAS NEWS - Latest Oil and Gas News

Kenya: Company Suspends Garissa Oil Search | AFRICAN OIL AND GAS NEWS - Latest Oil and Gas News

Garissa County risks missing out on an opportunity for revenue after an oil prospecting company in the region threatened to stop operations due to disagreements with local residents.
The company, Vanoil Energy of Canada, told a stakeholders forum at a Garissa hotel that it is suspending prospecting for oil in Madogashe area of the County until issues it raised with residents were ironed out.
The company cited the lack of community liaison members, splinter groups and self interest among locals, and an emphasis on cash payments instead of beneficial sustainable projects as the reasons it was halting its operations for now.

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