First batch of Uganda oil imports near Mombasa, ends Kenya monopoly

ship

A ship docked at the Port of Mombasa, Kenya on June 25, 2021. 

Photo credit: File | Nation Media Group

Two tankers carrying the maiden consignment of petroleum products directly imported by Uganda will dock at the Mombasa port next week, marking an end to the monopoly long enjoyed by Kenya oil marketers.

The imports are part of a negotiated deal between Uganda National Oil Company(Unoc) and Vitol Bahrain that targets to lower pump prices below the current rates offered by dealers in Kenya.

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