{"id":3979,"date":"2013-08-14T20:08:13","date_gmt":"2013-08-14T20:08:13","guid":{"rendered":"http:\/\/www.zegabi.com\/articles\/?p=3979"},"modified":"2013-10-11T01:19:29","modified_gmt":"2013-10-11T05:19:29","slug":"japan-shows-interest-in-kenyas-oil-sector","status":"publish","type":"post","link":"http:\/\/www.zegabi.com\/articles\/3979","title":{"rendered":"Japan Shows Interest in Kenya\u2019s Oil Sector"},"content":{"rendered":"<p><a href=\"http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2013\/08\/Ngamia-1-oil-rig-in-Turkana-county.jpg\"><img loading=\"lazy\" width=\"595\" height=\"300\" class=\"alignnone size-full wp-image-3980\" alt=\"Ngamia 1 oil rig in Turkana county\" src=\"http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2013\/08\/Ngamia-1-oil-rig-in-Turkana-county.jpg\" srcset=\"http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2013\/08\/Ngamia-1-oil-rig-in-Turkana-county.jpg 595w, http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2013\/08\/Ngamia-1-oil-rig-in-Turkana-county-300x151.jpg 300w, http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2013\/08\/Ngamia-1-oil-rig-in-Turkana-county-220x110.jpg 220w\" sizes=\"(max-width: 595px) 100vw, 595px\" \/><\/a>Japanese investors, led by the Marubeni Corporation, have shown interest in securing deals within Kenya\u2019s oil sector.<br \/>\nThe investors are particularly interested in funding the construction of a pipeline which will connect the country\u2019s refinery and marketers to the drilling site. This interest comes after the discovery of commercially viable oil and gas deposits in Turkana County in the country\u2019s north.<\/p>\n<p>Speaking at a Kenya-Japan business forum in Nairobi, Hirohisa Miyata, the chief operating officer in charge of power projects and infrastructure at Marubeni said \u201cWe seek to actively venture into the oil sector.\u201d Marubeni Corporation is a conglomerate with offices in Kenya\u2019s capital city, Nairobi.<\/p>\n<p>Representatives from 15 private companies from the energy, financial, construction and auto industries attended the Kenya-Japan business forum. One of the companies Japan Oil, Gas and Metals National Corporation (Jogmec) \u00a0has collaborated with the National Oil Corporation of Kenya (Nock) and is drilling for oil and gas in Block 14T in Magadi, Kajiado County.<\/p>\n<p>Jogmec\u2019s Executive Director, Hisanori Nei, said \u201cKenya has a lot of opportunities for Japan to invest in. The latest market front is oil.\u201d Japan has traditionally been involved in exporting industrial, vehicle and electronic products to Kenya but has also shown interest in funding geothermal projects in Kenya\u2019s electricity sector.<\/p>\n<p>According to Kenya\u2019s Cabinet Secretary for Energy, Davis Chirchir, &#8220;a few months ago the country benefited from a Sh1.2 billion grant from the Japan government and have promised to sponsor the learning of more staff in the petroleum sector.&#8221;<\/p>\n<p>Foreign Affairs and International Trade secretary Amina Mohamed urged the Japan delegation to take up existing opportunities in Kenya. Japan remains one of Kenya\u2019s official development partners having disbursed official development assistance (ODA) to the tune of Sh419 billion as at June this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japanese investors, led by the Marubeni Corporation, have shown interest in securing deals within Kenya\u2019s oil sector. The investors are particularly interested in funding the construction of a pipeline which will connect the country\u2019s refinery and marketers to the drilling<span class=\"ellipsis\">&hellip;<\/span> <span class=\"read-more\"><a href=\"http:\/\/www.zegabi.com\/articles\/3979\">Read more &#8250;<\/a><\/span><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[4993],"tags":[42],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"_links":{"self":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts\/3979"}],"collection":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/comments?post=3979"}],"version-history":[{"count":0,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts\/3979\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/media?parent=3979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/categories?post=3979"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/tags?post=3979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}