Uganda rocks Kenya’s bid to reclaim regional oil market - News Summed Up

Uganda rocks Kenya’s bid to reclaim regional oil market


The Kenya Pipeline Company (KPC) is going all out to reclaim lost market share in the regional oil transportation from Tanzania. Such hiccups have been as a result of major snarl-ups on the roads, inefficiencies at the Mombasa port and political unrest as was seen during the 2007/08 post-election violence. He added that Kenya should, at least for now, not be worried about losing out to Tanzania as an import route for landlocked Uganda. The private sector in Uganda will take time to mentally shift to Dar es Salaam since most have invested in the Mombasa route. The western depots in Nakuru, Eldoret and Kisumu are used to load oil products to Uganda, Rwanda and the Democratic Republic of Congo (DRC).


Source: Standard Digital July 19, 2021 21:56 UTC



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