Fuel prices are expected fall with the completion of the new Kipevu Oil Terminal (KOT), according to the Energy and Petroleum Regulatory Authority (EPRA). The modern oil facility will accommodate bigger vessels of up to 170,000-deadweight tonnage compared to one ship of 110,000 deadweight tonnage on the existing oil terminal, improving on capacity and efficiency on handling energy products. The country has for decades depended on the old Kipevu Oil Terminal and the Shimanzi terminal near the Likoni Ferry channel to offload oil products. The facility will also handle more varieties of products that include LPG, crude oil or heavy fuel, aviation fuel, diesel and petrol. It is designed to have five onshore pipelines, each dedicated to a separate oil product to existing Kenya Petroleum Refineries Limited (KPRL) and Kenya Pipeline Company tanks in Mombasa.

Source: The Star October 06, 2020 00:56 UTC