×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Pipeline tariff hike hands KPC extra Sh1b revenue

Vocalize Pre-Player Loader

Audio By Vocalize

A driver connects an oil-loading pump arm to a bottom loading valve on an oil transportation truck at the Nakuru Oil terminal. [File, Standard]

A recent increase in the pipeline tariff is expected to generate an additional Sh1 billion in revenues for the Kenya Pipeline Company (KPC) over the current financial year.

The Energy and Petroleum Regulatory Authority (Epra) raised the cost of transporting petroleum products through KPC's pipeline network this month. It is among the factors that have offset the effect of lower landed costs that would have led to a drop in retail fuel prices by a big margin.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Real Estate
Why property buyers are seeking higher grounds
Real Estate
Inside Watamu's developments spurring beach tourism
Business
KCB unveils record Sh22 billion dividend payout as profit surges
Business
Stima Sacco reports Sh10.8b revenue on increased digital transactions