How do Kenya's informal oil traders figure in new oil roadmap?

Kenya's oil sector has experienced significant transformations in the past year, as major oil producers have exited the market and the government has introduced a new roadmap to revamp the industry. In a recent interview with CNBC Africa, Martin Chomba, the Chairman of Petroleum Outlets in Kenya, shed light on the implications of these changes for stakeholders in the oil sector. The key theme of the discussion centered on the structural adjustments and their impact on investments, infrastructure development, and tender acquisition processes. Chomba highlighted the increased interest and investment in the industry following the exit of minority shareholders and the government's commitment to assuming full ownership of exploration projects. Moreover, the Chairman emphasized the importance of incorporating private entities in governance structures to ensure a balanced decision-making process and fair representation across the energy sector. These developments are set to usher in a new era of growth and opportunity for oil traders and industry players in Kenya.