Kenya Pipeline Company (KPC) is seeking to raise the cost of storing, handling and transporting fuel through its infrastructure in a bid to boost revenues ahead of its Initial Public Offering (IPO) in March next year.
The State-owned firm submitted a new tariff where the cost of storing and handling every 1,000 litres of fuel will rise 7.4 percent to Sh1,065.61 in the year to June 2026, from the current Sh992.46 for similar quantity. It will then jump to Sh1,068.94 from July next year.
