Petroleum Africa
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Wednesday, February 28, 2018
Kenya will see its fuel storage capacity increase by more than a fifth with a $52 million investment from the Kenya Pipeline Co. (KPC). The company will spend the funds on building four new tanks to increase its storage space, according to company MD Joe Sang in a Bloomberg report.
KPC is adding capacity to meet growing demand for fuels in East Africa, the continent’s fastest growing sub-region, according to the African Development Bank. The additional tanks will accommodate increased volume from a new pipeline being built from the port of Mombasa to the capital, Nairobi, that will be completed in April, Sang said.
“The project will enhance operational flexibility, capacity of product receipt and evacuation of product in Nairobi once the new Mombasa-Nairobi pipeline is operational,” he said.
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