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Wednesday, May 24, 2017
Kenya Pipeline Co. (KPC) has started work on its Kisumu Oil jetty project. The $16.4 million project started in May and is expected to be finished by the end of 2017.
KPC signed the agreement for the construction of the jetty on May 2. At the signing KPC Managing Director, Joe Sang said the completion of Kisumu Oil Jetty will increase KPC’s competitive edge in the region as the leading oil transporter.
“The oil jetty’s target market will create an integrated marine fuel transportation in the region making it more efficient and commercially viable and reduce transportation costs for the oil marketing companies,” said Sang.
The oil jetty’s target market will be around the lake and expanding the export market into Uganda and mines in northern Tanzania. The project is expected to boost throughput in Kisumu by 1 billion liters a year in phase 1 and up to 3 billion liters per year by 2028.
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