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{
    "id": 1451376,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1451376/?format=api",
    "text_counter": 223,
    "type": "speech",
    "speaker_name": "Sen. Wamatinga",
    "speaker_title": "",
    "speaker": {
        "id": 13582,
        "legal_name": "Wahome Wamatinga",
        "slug": "wahome-wamatinga"
    },
    "content": "Lokichar, you will see the local communities lined up with jerricans of water, waiting for the water trucks that undertake the water trucking to provide them with water. If that was rightly conceptualized, it could have been that a water pipeline could have been installed. As you are aware, in oil extraction, the extraction companies use these pumps to pump water into the boreholes so that they can displace the oil. As they pump in the water, the oil is pumped out. This could have been at a very small additional cost to provide additional water kiosks so that the local communities could benefit from the extraction of oil. Mr. Temporary Speaker, Sir, as I request my colleague, Sen. Abass, to second, I would request that we come up with systems, frameworks and methodologies that will encourage the younger generations to take part in the exploration and value addition. It is also important that they look at the business opportunities that will arise from the same so that we can create employment, especially for the Gen Z. We know the potential of this country in gas. We know that we are only using 16 per cent it. That leaves about 84 per cent of the potential that we have in terms of the downstream-end-to-end, or downstream-last-mile connectivity. We have a very big potential in the 86 per cent to ensure that our young people go into this business, especially in the modern digital gas trading, where you can sell gas as it is being consumed. We also know that the potential in this oil and gas industry is quite untapped. This can only happen if we have a mechanism. This Bill will be able to assist in that, whereby the lack of capacity within the local communities to participate in this extractive industry and its connected activities is encouraged. It is also important to create incentives to enhance tangible returns in the yield of the investment. Mr. Speaker, Sir, having spoken about the lack of technology, it is also imperative that as we look at this, we become quite intentional in creating training facilities that will ensure that the young generation and the Kenyans within those local communities are empowered in a way that they will get the technology and the know-how. Most importantly, we should be in a position to subsidize the kind of machineries that they use so that they can take part exhaustively in this kind of extractive exploration and value addition. It is the lack of framework that has hindered the participation of the local community. It has also been the advantage the multinationals have of economies of scale and access to capital, that has rendered many Kenyans unable to access these extractive industries. This Bill is quite intentional on creating an environment that will ensure that even the local communities as uneducated as they are, will be able to take an active part in the extraction industry. Their benefit will not only be on the wages they earn, but they will also be taking part on the value chain of the whole process. I know this Bill will go a great way into aiding these communities, knowing that the potential of exploration in gas, oil and other associated utilities has not even been exploited. The potential we have as a country is quite enormous. Therefore, it is important that we have a legal framework that guides all the companies and multinationals intending to invest in the country. We must ensure that there will be a The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
}