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The World Bank has appointed auditing firm PricewaterhouseCoopers (PwC) to undertake a consultancy in developing a new petroleum master plan in Kenya’s nascent oil and gas business

The plan will define how the country commercialises its oil and gas reserves to maximise the value of projects by preventing duplication of investments.

The plan will also provide a road map for investment in processing, pipelines, storage and distribution.

PwP will prepare the master plan covering up to 2040 and will also evaluate domestic, regional and global export markets for oil and gas.

Among the stakeholders that will be involved will be officials from the ministries of finance, energy and petroleum, devolution and planning, transport and infrastructure, relevant parastatals and departments, as well as participants from the private sector.

Mwangi Mumero