Kenya, Ghana, Malawi Chosen for Breakthrough Malaria Vaccine Trial

The World Health Organization has announced that trials of a new malaria vaccine will take place in three African countries – Kenya, Ghana and Malawi.

Kenya's hunger crisis fuelled by history of rural neglect

It is late afternoon in a small settlement in Kakuma, Turkurna County, northwestern Kenya.

Kenya's history of election violence is threatening to repeat itself 24 APR 2017 14:13

In the last few weeks Kenya has seen an increase in intra-party political violence following the start of its political party primaries that began on April 13th and are scheduled…

President Kenyatta mourns former Foreign Affairs Minister as well as Kambu accident victims

NAIROBI, 25 April 2017 (PSCU) – President Uhuru Kenyatta has mourned former Foreign Affairs Minister Fredrick Lawrence Munyua Waiyaki as well as 26people who died in a road accident at…

China wants increased co-operation with First Lady’s Beyond Zero Programme

NAIROBI, 25th APRIL 2017, (PSCU)—First Lady Margaret Kenyatta today at State House met with the Chinese Ambassador to Kenya Dr. Liu Xianfa who called for enhanced co-operation between China and…

At least 27 killed in a road accident involving an oil tanker and a commuter bus

KIBWEZI, Kenya, April 25 (Xinhua) -- At least 27 people were killed and several others injured early Tuesday in a grisly road accident involving an oil tanker and a commuter…

KPC leases KPRL's facilities as part of wider expansion plan

8th March, 2017 … Kenya Pipeline Company (KPC) has entered into a 3-year leasing agreement with the Kenya Petroleum Refineries Limited (KPRL).

Under the leasing agreement, KPC will manage KPRL’s existing storage facilities with the two state companies lending their technical expertise and assets towards the realization of the Government’s early oil program.

Energy Cabinet Secretary Charles Keter said the lease agreement will enable the country shore up its strategic petroleum reserves from the current low of 12 days to 30 days with plans underway to increase the reserves to three months.

‘KPRL has both storage facilities and grounds that will be used to increase the country’s ullage which will in effect create enough capacity for birthing vessels to discharge fuel into KPC’s system. Over time, this will see Kenya save billions of shillings incurred in demurrage charges every year for fuel vessels docking at the port of Mombasa, a factor that could significantly reduce the cost of fuel. In addition to this, the government is looking to invest in LPG facilities on KPRL’s grounds with over 309 acres of land available at its Changamwe facility.’ CS Keter added. 

Currently, the country lacks a common user import terminal under the control of the government for LPG since there are no government-controlled storage facilities for LPG.

During the signing ceremony at the Energy ministry headquarters attended by KPC and KPRL top management, KPC Managing Director Joe Sang said the deal between the two companies will open up opportunities for investment and job creation as KPC seeks to convert and expand KPRL’s facilities.

‘All existing KPRL staff will be seconded to KPC as employees with their technical expertise remaining crucial to the realization of the government’s early oil program. KPC will convert KPRL’s facilities in preparation for the export of crude and as a result we expect to not only retain existing staff, but also create additional job opportunities in the coming days.’ Mr. Sang said.

KPRL’s Chief Executive Officer Charles Nguyai said the deal will enable the country leverage the refinery’s underutilized infrastructure as well as build capacity towards the realization of the early oil program.

“KPRL stopped refining oil in 2013 and has been underutilized as a storage facility. The deal between KPRL and KPC will ensure that the facility is fully utilized while at the same time enabling both companies to combine their expertise and resources to manage the receipt, handling and export of crude oil.’ Mr. Nguyai said.

KPRL has 45 tanks with a total storage capacity of 484 million litres of which 254 million litres is reserved for refined products while the remaining 233 million litres is reserved for crude oil.

On its part, KPC has seven storage depots with a total capacity of 612 million litres and is currently constructing four additional tanks at its Nairobi Terminal with a combined capacity of 133.5 million litres.

 

Besides guaranteeing security of supply of petroleum products, the additional capacity will enhance KPC’s operational flexibility and increase tank turnaround at KPC’s Kipevu Oil Storage Facility (KOSF), resulting in more ullage creation and a reduction in demurrage charges.

Rate this item
(0 votes)
Login to post comments

 

KassInternational YouTube Videos

 

Quick Poll

Joomla forms builder by JoomlaShine
Go to top