Kenya Pipeline Company tightens grip on regional market

Kenya Pipeline Company photo:courtesy

Kenya Pipeline Company (KPC) will now use its Eldoret and Kisumu depots for the export market while scaling down operations in its Nakuru depot.

Speaking in Nakuru at the weekend, KPC Corporate Communications Manager Jason Nyatino said the move was part of the company’s strategy to improve its regional market by maximising the other depots’ proximity to the border.

“This crucial step is part of efforts to cut down transport costs as well as boost our international markets across the region,” he said, adding that the move was set to dramatically transform the oil business in the region.

 Mr Nyatino said it would also speed up transportation of fuel products besides making it cheaper as the country acts to win back market share lost to Tanzania and Uganda.

He said the Nakuru depot, which has been serving the regional market, would now serve the local market as the company shifts focus to expanding the Kisumu and Eldoret depots.

 In April, the Ministry of Energy standardised tariffs for all depots to Sh56 per litre for local oil marketers and Sh41.55 per litre for exporters.

ALSO READ:

Siphoning link in Kisumu pipeline leak

Previously, the Nakuru depot had the lowest levies at Sh45 per litre.

No chance to rig this time, NASA tells JP

Jubilee strategy to expose NASA chiefs’ dark past