CNOOC seeks Kenyan oil exploration rights

Oct 15, 2005 02:00 AM

China National Offshore Oil Co. (CNOOC) is seeking Nairobi's permission to explore for hydrocarbons along the African nation's coast.
Specifically, CNOOC wants permission to evaluate six blocks of the Lamu region, the official said.

Kenya's energy secretary said he was talking with the Chinese because "European firms delay and make very many demands before the actual exploration begins.”
“We hope by mid next month we will be signing a production sharing contract for six blocks with CNOOC of China," Patrick Nyoike said.

Kenya is a net importer of oil.

Source: PIN/UPI
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