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Uganda oil refinery to hurt Kenya’s earnings
Kenya Petroleum Refineries Limited that has for years served the region is likely to suffer loss in earnings. File
Uganda will start building its own oil refinery in 2012 to meet local demand and later scale up capacity for exports, a move that is set to radically change the structure of Kenya’s economy.
Uganda will refine 25,000 barrels per day (bpd) to meet its local consumption and later refine up to 200,000 bpd targeting the export markets of Kenya, Rwanda, Burundi and DRC, which are served from the Kenyan market.
