• 3 minutes UAE says four vessels subjected to 'sabotage' near Fujairah port
  • 6 minutes Why is Strait of Hormuz the World's Most Important Oil Artery
  • 8 minutes OPEC is no longer an Apex Predator
  • 12 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 2 hours Australian Voters Reject 'Climate Change' Politicians
  • 9 hours Australia Election Summary: "This was the Climate Change Cult Election, and the Climate Change Cult Lost"
  • 24 mins Global Warming Making The Rich Richer
  • 1 hour Shale to be profitable in 2019!!!
  • 12 hours Canada's Uncivil Oil War : 78% of Voters Cite *Energy* as the Top Issue
  • 27 mins California Threatens Ban on ICE Cars
  • 17 hours IMO2020 To scrub or not to scrub
  • 17 hours China Downplays Chances For Trade Talks While U.S. Plays ‘Little Tricks’
  • 3 hours Shell ‘to have commercial wind farms’ by early 2020s
  • 47 mins Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 17 hours Wonders of Shale- Gas,bringing investments and jobs to the US
  • 9 hours Misunderstanding between USA and Iran the cause of current stand off, I call BS
  • 9 hours DUG Rockies: Plenty Of Promise, Despite The Politics
  • 13 hours Some Good News on Climate Change Maybe

Kenya and Saudi Arabia Deepen Energy Ties

Saudi Arabia is one of the leading oil exporters to Kenya and seemingly unconcerned about recent oil finds there.

Regarding the oil discoveries and their potential impact on Kenyan imports of Saudi oil Saudi Arabian ambassador Ghorm Said Malhan remarked, "No, I don't think it will affect (our ties) as such because we don't see our partnership only in the oil business. There are other different ways to co-operate. Saudi Arabia can export industrial chemicals and equipment to Kenya as well. As for Saudi Arabia, we also have a lot of investments in Kenya in tourism, banking, and petroleum projects. Now we are talking about livestock and fisheries. If you go back to history, we have good historic ties with the people of the coast in East Africa in general. There are a lot of people in that part who have originated from the Arabian Peninsula. This is some form of cultural relation with Kenya that has been going on for years."

Saudi Arabia is one of Kenya’s development partners and it has funded several projects through the Saudi Fund for Development at a total cost of about $140 million, Nairobi’s Daily Nation newspaper reported.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News