Turkana Oil Extraction to Begin

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Kenya’s Energy Ministry said Parliament must approve Gulf Energy’s revised Field Development Plan before oil production in Turkana begins next year. Gulf Energy acquired Tullow Oil’s Kenyan assets and will develop the South Lokichar fields, targeting 50,000 barrels per day. The company is building infrastructure, and officials expect first exports in late 2026. The government granted tax exemptions and higher cost-recovery limits to encourage investment.