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NAIROBI, KENYA: Kenya and other East African countries are unlikely to significantly benefit from falling global oil prices due to inadequate storage facilities, a new research paper released by Deloitte East Africa has indicated.al oil prices due to inadequate storage facilities, a new research paper released by Deloitte East Africa has indicated.
“East African countries’ failure to set up sufficient oil storage facilities will mean that the region could miss out on a chance to accumulate cheap stockpiles as is the trend abroad,” the research note argues.
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