The jetty, which is a facility that enables ship tankers to load and offload petroleum products, is projected to cost about Sh1.5 billion. The jetty is expected to boost throughput in Kisumu by 1 million litres a year in phase 1 and up to 3 million litres per year by 2028. Sufficient suppliesThe firm says it anticipates to have the oil jetty by August this year to clear petroleum products through Lake Victoria as stocks pile up. The annual demand for petroleum products in Western Kenya is 1.1 billion litres whereas the regional demand stands at 3.3 billion litres. Coupled with the jetty, the pipeline will remove oil trucks from the road reducing the risk of accidents, spillage and costs.
Source: Standard Digital January 18, 2017 20:10 UTC