Turkana leaders seek more allocation from oil proceeds

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Leaders from Turkana County have renewed calls to double to 10 per cent the amount that communities where natural resources are mined get.

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They propose that the amount that the county government receives be reduced to 20 percent while the national government takes the remaining 70 percent.

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During a public participation meeting in Turkana County’s Lokichar Basin, area leaders proposed that revenue sharing formulas as stipulated in the Petroleum Bill be amended to award the local community 10% from the crude oil proceeds, 20% be given to the County government while 70% goes to the National government.

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They have also raised environmental concerns over oil mining which they claim could have a negative impact in Turkana County.

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The Chairman of the Petroleum and Energy Committee in Parliament David Gikaria called for more time for consultation until a consensus is reached.

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Tullow Oil announced that the oil fields in Turkana will be fully developed by 2020. The UK gas and oil exploration company estimated that the oil fields have over 1.7 billion barrels worth of crude oil reserves.

 

 

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