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February 13, 2026
12h ago

CS Wandayi Clarifies Turkana Oil Proceeds Amid Gold Sharing Controversy

CS Wandayi Clarifies Turkana Oil Proceeds Amid Gold Sharing Controversy

This announcement was made when the CS clarified his earlier revenue submissions on the energy reports that focused exclusively on government profit share from the oil project,..

✨ Key Highlights

Kenya is projected to earn Ksh135 billion from the sale of crude oil from the South Lokichar Basin in Turkana County under the proposed Field Development Plan (FDP). This figure, announced by Energy and Petroleum Cabinet Secretary Opiyo Wandayi, reflects all government revenue streams, including profit share, surface fees, and training levies.

  • The previous estimate for the government’s profit share was Ksh112.38 billion (USD 864.48 million), which excluded other contractual earnings.
  • The revenue will be allocated according to Section 58 of the Petroleum Act to the National Government, Turkana County Government, and the local community.
  • The shift from the Long-term Petroleum Development Plan to the FDP signifies a transition from exploration to commercialisation, aligning with President Ruto’s Bottom-up Economic Transformation Agenda.

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