South Engineering Company clinches Sh1.7 billion jetty deal

A local firm has floored six international companies and clinched a contract to put up a petroleum products loading facility in Kisumu.

South Engineering Company (SECO) will construct the Kisumu Oil Jetty, a facility that is expected to be critical in re-establishing Kenya as a preferred import route for oil products to countries in the Eastern Africa region.

Construction works on the Sh1.69 billion jetty begins immediately and is expected to be complete in six months.

Kenya Pipeline Company (KPC) Managing Director Joe Sang said in Nairobi yesterday the facility will ease the movement of petroleum products across the border and help KPC recapture market share that it has lost to Tanzania’s central corridor.

A key loss has been Rwanda, which used to import 65 per cent of its oil products through Kenya, but this has over time shrunk as the Kenyan northern corridor currently accounts for between five and 10 per cent of petroleum imports by the country.

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