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Kenya Pipeline in quest to raise storage fees for oil marketers

Business
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Fuel tankers at the loading area of Kenya Pipeline Company's Eldoret Depot. [Kevin Tunoi, Standard]

The Kenya Pipeline Company (KPC) has applied for an increase in the charges that oil marketing companies pay to use its network of pipelines and storage facilities.

The company in a tariff application to the Energy and Petroleum Regulatory Authority (Epra) is eyeing higher fees from oil firms in a bid recovery of the funds it spent building the new Mombasa-Nairobi pipeline. The pipeline tariff is reviewed every three years, with the most recent review undertaken in 2019.

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