KPC completes acquisition of Kenya Petroleum Refineries

Oil Tankers parked outside Kenya Pipeline Company(KPC) Nakuru depot on September 5, 2018. PHOTO | AYUB MUIYURO | NMG

Kenya Pipeline Company (KPC) has concluded the takeover of the defunct State-owned Kenya Petroleum Refineries Limited(KPRL) which has failed to live to its status as East Africa’s only oil refinery.

This is the second time the facility is exchanging hands in the past eight years after Shell and the British Petroleum Company BP sold it to Indian investor Essar Energy Overseas Limited in 2016.

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