Kenya Pipeline Company (KPC) is executing some major infrastructural projects in line with its plan to secure its position as a market leader in the oil and gas industry in the East African region, All Africa reported.
Daily Nation informed that the company is working on the Kisumu Oil Jetty project, which is expected to reshape the region’s oil sector. The establishment of the $16.4m worth scheme started in May and is expected to be finalized by the end of 2017.
The regional oil infrastructure project, which is being undertaken by the Kenyan firm Southern Engineering Company, will work in favor of turning Kenya into the region’s petroleum hub.
The oil jetty’s target market will create an integrated marine fuel transportation, making it more efficient and commercially viable to decrease transportation costs for the oil marketing companies. Additionally, it will target the lake region and will expand the petroleum export market into the African neighboring countries, including Uganda, Rwanda, Burundi and the mines in northern Tanzania.