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Indian firm targets Lake Victoria oil transport deal
Kenya Pipeline Company acting MD Flora Okoth says discussions are ongoing with Indian firm Mahati to start evacuating oil from Kisumu depot to Uganda via Port Bell. PHOTO | FILE
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.