Kipchumba Murkomen

All parliamentary appearances

Entries 3621 to 3630 of 8498.

• 25 Sep 2018 in Senate: Part IV of the Bill also provides that the licensing agreement, unlike in the past, must make the licensing process predictable, so that it enhances confidence in negotiation and the award process. It is important for the people of Kenya to know who the investor is in that particular sector. It is also important for the investors to know that if they would like to invest in the oil sector, there is no favouritism; that other people are negotiating better terms in one corner and they are expected to abide by other obligations that are beyond what they can do. ... view
• 25 Sep 2018 in Senate: Mr. Deputy Speaker, Sir, this Part is also important as it requires submission to Parliament of a field development plan. Parliament includes the Senate of the Republic of Kenya and we will have an opportunity and responsibility in so far as contracts related to The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate. view
• 25 Sep 2018 in Senate: production are concerned. They must come to Parliament for ratification. It is key that we have a say in ratification. There is also a set timeline; that if we do not act swiftly in 60 days, that agreement will be assumed to have been approved by Parliament. It actually compels Parliament to take action once the agreement is brought before the House. view
• 25 Sep 2018 in Senate: There is also protection and disclosure of information to third parties that are related to agreements with investors in the sector. There are also very important provisions in so far as local content is concerned. The Bill provides for a framework for local content on matters to do with training. Any external contractor or person, who has been made a contractor in an area where there is oil, must ensure that he gives priority to service providers and goods that are produced in the local area. Mr. Deputy Speaker, Sir, it also gives priority to goods that are manufactured in ... view
• 25 Sep 2018 in Senate: Mr. Deputy Speaker, Sir, if you give me another five minutes, I will complete my contribution. view
• 25 Sep 2018 in Senate: Okay; in addition you have added three minutes. view
• 25 Sep 2018 in Senate: Mr. Deputy Speaker, Sir, I was trying to say that Section 7 provides for that local trust fund. If Sen. (Dr.) Zani can remember, this is exactly the provision we were trying to push in the Mining Act and the Local Revenue Sharing Bill that we tried to develop in the Committee that we sat in together. We must have a local community that will have a trust fund. This law confines this trust fund within the ward where that oil production is found. However, Mr. Deputy Speaker, Sir, there are challenges, because sometimes resources will be found in a ... view
• 25 Sep 2018 in Senate: Yes, it can be understood. Mr. Deputy Speaker, Sir, if you have less than Kshs1 billion for the development fund in a county, this is wonderful. That is because if we get high deposits of oil in Elgeyo Marakwet, I am very sure that the investments that come with supporting local community; the question related to the resources that come to trust fund and the fact that there are other resources that will go to the county government which we can use to develop our counties. The electronic version of the Senate Hansard Report is for information purposes only. A ... view
• 25 Sep 2018 in Senate: That is not just for the county of Elgeyo Marakwet; I pray that all the other counties get something. I pray that we get some oil in another county; we get diamonds in another county and gold in another county and precious stones in Tharaka Nithi. This will make our counties very viable so that they can be attractive areas of destination. Finally, Mr. Deputy Speaker, Sir, I want to emphasize two things. The law provides for a framework for compliance with the environmental, health and safety standards, which include strict standards for waste management. This also includes the need ... view
• 25 Sep 2018 in Senate: On a point of order Madam Temporary Speaker. view