Project Definition (S1). REGRESSION from S3A. Geopolitical and commercial uncertainties. Capacity 250,000-300,000 bpd.
Description
Strategic crude oil pipeline ~820-850 km from South Sudan and Kenya Lokichar Basin to Lamu deep-water port. REGRESSION from S3A to S1 due to geopolitical factors and commercial uncertainties. Managed by LAPSSET Corridor Development Authority. Initial capacity 250,000-300,000 bpd.
Capex Cost
3,064.00USD million
Revenue Model
Common carrier model with tariffs to recover capital and operating costs
Project Risk
Geopolitical uncertainties; Technical challenges with waxy crude; Oil price volatility; Security along route
Countries
South Sudan, Kenya
Stakeholders
East African Community
Inter-Governmental Authority on Development (IGAD)