Ruto downplays rivalry over oil refinery in East Africa
President William Ruto has played down suggestions of rivalry between Kenya, Uganda and Tanzania over competing refinery projects...
✨ Key Highlights
President William Ruto has downplayed fears of regional rivalry over oil refinery projects in East Africa, stating that the growing demand for petroleum products can support multiple facilities.
- President William Ruto asserts that Kenya, Uganda, and Tanzania can develop their own refineries without competition, fostering regional cooperation.
- The Kenyan President spoke following the groundbreaking of the Lamu refinery project, positioning it as a key component of a wider industrial complex.
- Ruto indicated that Kenya would be open to purchasing petroleum products from Uganda or even investing in Tanzania's proposed refinery in Tanga.
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Ruto: Lamu refinery project to attract Ksh908B foreign direct investment - October 2026
President William Ruto announced that the Lamu refinery project is expected to attract between $6 billion and $7 billion (Ksh778B - Ksh908B) in foreign direct investment next year. This investment is linked to a new pipeline project to transport crude oil from Turkana to Lamu. Kenya is set to begin extracting and transporting crude oil from Turkana before December as part of the nation's strategy to secure domestic supplies for the planned Lamu refinery. Moreover, President Ruto has assured Lamu residents that no one will be displaced from the main site for the proposed oil refinery, stating the government has secured the land and will manage any compensation. He also explained the strategic rationale behind choosing Lamu as the location for the proposed Dangote refinery. Additionally, President Ruto has downplayed fears of regional rivalry over oil refinery projects in East Africa, stating that the growing demand for petroleum products can support multiple facilities.
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