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Kenya has formalized its 10% equity stake in the East African Crude Oil Pipeline (EACOP), advancing plans to transport crude from Uganda’s oil fields to Lamu Port. The agreement, signed in April 2024, commits Kenya to contribute $300 million to the $5 billion project. Environmental and social impact assessments are ongoing, with public hearings in Lamu and Tana River counties. Proponents cite 15,000 jobs and Ksh100 billion in annual revenue, while critics warn of ecological risks to marine parks and mangroves. The project remains on track for 2026 completion, positioning Lamu as a strategic energy hub for the region.