The parliament has noted that only 1% of work has been done in the last decade, in the pursuit to start commercial sale of crude oil.
This comes even as the ministry of petroleum and Mining channels a significant proportion of its annual budgetary allocation to the sector.
Members of Parliament are now casting doubt on the future of the project. This owes to the fact that there remains only a year to the target date of monetizing the crude oil resources.
The National assembly Budget and appropriations committee has now instructed the ministry to establish mechanisms that will monitor and evaluate the projects.
It has further ordered the ministry to furnish the national assembly with a status report by 1st October 2021.
Currently the early pilot phase of the project has only managed the export of 240,000 barrels of crude oil. This is the country’s only sale of its natural oil resources.