Washington To Help Kenya Raise $18 Billion For Oil Pipeline

oilprice.com ^ | January, 7 2016 | Andy Tully

[bgill]

Now we know what it costs to squash the BC issue.

[Leaning Right]

The US will probably offer loan guarantees, as well as actual loans. And when will Kenya pay back those loans? I'm guessing somewhere around never.

[Paladin2]

Hire Turk truck drivers and their rigs to get the job done.

[RginTN]

But wait obama said if africa modernizes it will be disaster for the environment

[Darteaus94025]

Yep, because if there’s anything the world needs now, it’s more oil!

Only a government would invest in this now.

[SunkenCiv]

"Death to America!"

[StormEye]

"The U.S. government says it will help Kenya get the financing it needs to build an $18 billion pipeline from the oil fields in the country's northwest to its southeastern Indian Ocean coast to help it become a net exporter of oil."

More kick-back income for Obama when/if he leaves office.
It has been rumored that Obama is going to buy a multi-million dollar place in Dubai. If so, he needs the money to pay for it.

Isn't it just coincidence that we hear of Obama's intention to buy a place in Dubai (or the Emirates) and then we hear of the US Government's plan to help finance a pipeline in a dirt poor country like Kenya? And what a contemptuous gesture to the supporters of the Keystone pipeline and to America itself. Yeah, a big going away FU to America.

[Gator113]

F-#$ Afrika.