Kenya Opened New Fuel Storage Facilities

Kenya Opened New Fuel Storage Facilities

Kenya’s Vivo Energy has opened a 23m liter diesel storage tank at the company’s Mombasa terminal at Shimanzi. The company also opened a 5m liters petrol storage tank. Consequently, Vivo Energy current operates the largest fuel storage capacity in the country owned by one oil marketer, with a total of 53m liters of diesel storage and 29m liters of petrol storage, Tank Terminals reported.

The company’s Managing Director, Polycarp Igathe, said: “additional storage will enable Vivo Energy Kenya to support its rapidly growing retail business which has witnessed a 54% growth,” according to Capital FM. He added that the company will also save money on shipping demurrage costs as less fuel tanker discharges will be needed.

Vivo Energy Kenya will use 660 long haul trucks and 535 rail wagons to transport the diesel to the facility. Yet, the company is expected to utilize the railway more to transport fuel from Mombasa to Nairobi.

Vivo Energy Kenya was formed in 2012 to distribute and market Shell branded fuels and lubricants. Vitol and Helios each own a 40% stake in the firm, with Shell holding the remaining 20%.


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