hisah wrote:So what was BP and Shell doing at Lamu since 1954 when they came up 'empty'?
There were better deals elsewhere from corrupt politicians in West Africa to the Trans-Atlantic trade route which is/was very much on their path things were pretty much lined up. It made more sense to drill in W.Africa. Mexico and in the Gulf. Now that focus is on China... Indian ocean makes more sense.
Uhuru Kenyatta wrote:Today I met with leaders of Turkana County led by Senate Speaker Ekwe Ethuro, Turkana County Governor Josphat Nanok and Senator John Munyes. I told them to ensure the local community gets part of the ownership of the upcoming petroleum pipeline. The local community can do this by contributing land to be used for the LAPSSET pipeline as shares instead of selling it which is an investment that would earn dividends for them each year. I reiterated my call to CSs and PSs last week not to make announcements concerning development without bringing local communities on board because that is where suspicion starts. I want to see production of petroleum within five years and I have instructed the Ministry of Energy to ensure no deadlines are missed in the various stages of preparations.
Its getting interesting people!!!!

"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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