K
Originally published by Kenyans
📰 Read Full Article
top
September 9, 2026
1h ago

Experts Raise New Concerns Over Dangote's Lamu Oil Refinery

Experts Raise New Concerns Over Dangote's Lamu Oil Refinery

The experts warn that should the concerns be ignored, then the project is likely to remain a white elephant project in Kenya...

✨ Key Highlights

Experts are raising significant concerns regarding the feasibility of the proposed Ksh2.59 trillion ($20 billion) Dangote oil refinery in Lamu, Kenya, questioning its ability to secure crude oil supply, financing, and necessary infrastructure.

  • The refinery, planned for completion by 2030, is intended to process 700,000 barrels of crude oil per day.
  • Key figures include billionaire Aliko Dangote, founder of Dangote Group, and Kenya's President William Ruto, who supports the project.
  • Challenges include sourcing crude oil domestically or regionally, potential difficulties in raising the estimated $40 billion for energy projects, and gaps in supporting infrastructure within the LAPSSET zone.

Continue Reading

Read the complete article from Kenyans

📰 Read Full Article
Advertisement

Related News

Advertisement