The Kenyan utility is under pressure to stem commercial losses and meet President Kenyatta’s target of slashing consumer bills by one-third by Christmas. Renegotiations remain on the cards for IPPs, but the government insists it won’t ‘strongarm’ anybody, writes Dan Marks.
Issue 452 - 17 December 2021
Kenya
Power, Finance
President Félix Tshisekedi’s efforts to revive Democratic Republic of Congo (DRC)’s attraction to international oil companies (IOCs) are admirable on paper, as are his efforts to revive – and bring improved governance to – the crucial energy and mining sectors. Having broken with his alliance of convenience with ex-president Joseph Kabila, Tshisekedi’s government is looking for takers for blocks 1 and 2 in the Albertine Graben, and there is talk of a new licensing round (see Upstream page 18), with plans to tender for 16 oil and three gas blocks in the onshore Atlantic basin, Cuvette Centrale and the western Rift Valley.
Issue 450 - 24 November 2021
DR Congo
Gas, Power, Upstream, Finance, Politics
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