Revenue Sharing and Management in Kenya’s Petroleum Sector

Jointly hosted with Oxfam, Kenya Civil Society Platform on Oil and Gas and Commission on Revenue Allocation.

Overview

As Kenya is propelled into the production phase, petroleum revenue allocation, distribution and management emerges as one of the most popular and controversial topics. The importance of convening key stakeholders to come to a consensus of pertinent issues regarding the sharing of petroleum revenues among national government, county government and local communities and the administration of those revenues cannot be gainsaid. EB hosted the revenue sharing and management forum to interrogate emergent issues such as the need to provide clear definitions of who constitutes local communities, what constitutes petroleum revenues and where do they come from, criteria or rationale applied in allocation of petroleum revenues, the procedures of collection, the management of these revenues and revenue collection tools in the Kenyan context.

The forum was guided by a research paper that lays the groundwork by outlining pertinent issues regarding the equitable sharing of potential petroleum revenues taking into account the legal framework, the priorities and objectives advanced by the government, domestic and international perception as well as international best practices. A policy paper was developed to inform policy makers and stakeholders in the decision making processes in Kenya regarding petroleum sharing and management.

Date:
4th -5th April 2018
Location:
Intercontinental Hotel, Nairobi
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    Angolan Leader Urges Africa to Avoid Hasty End to Fossil Fuels. More details #Angola…

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    Botswana Sees Russian Diamond Ban Opening Door to Synthetic Gems. More details #Botswana…

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