Indian firm targets Lake Victoria oil transport deal

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Category: Oil & Gas

Published on Wednesday, 18 November 2015 12:12

Written by Super User

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An Indian investor plans to transport oil products between Kisumu and Port Bell in Uganda via Lake Victoria in a bid to cut high costs incurred moving the commodity by road.

Kenya Pipeline Company (KPC) acting managing director Flora Okoth says discussions have been going on with the Indian firm Mahati, which has won an 18-month contract with the government of Uganda for the supply of oil.

Ms Okoth says the move, if successfully executed, will cut the number of trucks on the road coming from Uganda to collect fuel in Kenya.

“We have been in discussion with an Indian investor so that he can start evacuating oil from our depot in Kisumu to Uganda via Port Bell,” said Ms Okoth in an interview with Shipping& Logistics.

Read more: Indian firm targets Lake Victoria oil transport deal

PLANS FOR NEW KIPEVU OIL TERMINAL ON COURSE

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Category: Oil & Gas

Published on Friday, 11 September 2015 07:13

Written by Super User

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PRELIMINARY designs on the planned relocation of the Kipevu oil terminal in Mombasa are being finalised to pave way for the tendering process, Kenya Ports Authority managing director Gichiri Ndua has said.

Danish consultancy firm Niras is overseeing the relocation of the oil terminal, which will expand the country’s petroleum handling and storage capacity by almost 400 per cent.

“We have engaged a consultant who is finalising the designs in regard to the planned relocation of the Kipevu oil terminal,” Ndua said. KPA principal communication officer Hajj Masemo said the project is part of the Mombasa port infrastructure development.

Read more: PLANS FOR NEW KIPEVU OIL TERMINAL ON COURSE

Kenya and Uganda to establish company to manage crude oil pipeline

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Category: Oil & Gas

Published on Tuesday, 29 September 2015 04:39

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Kenya and Uganda are making plans to set up an oil company to be owned by all the stakeholders in the $4 billion crude oil pipeline deal.

Daniel Kiptoo, Petroleum Legal Advisor to the Cabinet Secretary Davies Chirchir told the Nation that the planned company will help address conditions set by Uganda on the pipeline.

It will help the two countries move fast in decision making as well as agree on tariffs set for transporting oil per barrel.

Read more: Kenya and Uganda to establish company to manage crude oil pipeline

Tender for the construction of the Kenya-Uganda pipeline to be announced

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Category: Oil & Gas

Published on Friday, 11 September 2015 07:11

Written by Super User

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A tender for the construction of the US$ 4bn Kenya-Uganda pipeline that is expected to cover 1,500km is set to be announced before the end of this year.

The construction project has been incorporated into the Lamu Port- South Sudan-Ethiopia Transport Corridor (Lapsset) infrastructure project.

The Lapsset Corridor Development Authority (LCDA) confirmed the reports and said that the tender that will be inviting companies to submit bids to put up the crude oil pipeline will be announced before the end of this year so as to pave way for the construction works which are projected to commence in early 2016.

Read more: Tender for the construction of the Kenya-Uganda pipeline to be announced