×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

Kenya Pipeline Company (KPC) calls for investment in private fuel stores in new business model

Private investors will for the first time get an opportunity to invest in the lucrative petroleum storage business in a new model that seeks to free cash flows for the Kenya Pipeline Company (KPC).

The company’s chairman, John Ngumi, announced yesterday that KPC would not be investing in additional storage tanks in an expanded network within counties, but would instead invite private players to set up the storage facilities.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in