Dangote says Kenya court ruling will not halt Lamu refinery groundbreaking
Dangote Group said a Kenyan court ruling over a land rights dispute will not halt the groundbreaking ceremony for its planned 700,000-barrel-per-day (bpd) oil refinery in Lamu, although some activities at the site could be affected. The post Dangote says Kenya court ruling will not halt Lamu refinery groundbreaking appeared first on Nairametrics .
The Dangote Group announced on Monday that a Kenyan court ruling regarding a land rights dispute will not prevent the groundbreaking ceremony for their planned 700,000-barrel-per-day (bpd) oil refinery in Lamu. However, the ruling does affect the activities at the site, as both parties must refrain from any activity until a hearing scheduled for October 14.
The dispute involves 133 residents of Chandavai, who claim the land earmarked for the refinery is part of their ancestral heritage. The Malindi Environment and Land Court has ordered that the "status quo" be maintained on the disputed land until the hearing. Despite the court's ruling, Dangote Group insists that the groundbreaking ceremony can still proceed.
The company estimates the cost of the Lamu refinery to be between $15 billion and $16 billion, with completion expected by 2030. The proposed facility would be Dangote's second large-scale refinery in Africa, following their successful IPO for the Lagos refinery earlier this year.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
