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OGWANG: Why it is unfeasible to build oil refinery in Turkana

For capital investment in new refineries to be desirable, certain market conditions should prevail.

In Summary

• There's simply no economic justification to support an oil refinery at the moment.

•  From an economic point of view, Kenya simply can't afford it given the level of indebtedness we find ourselves in.

It was recently reported in one of the dailies that a 2022 presidential aspirant has pledged to deliver an oil refinery to monetise the oil resources in the Turkana county.

An opinion article ...