The Kenya Pipeline Company (KPC) will acquire the defunct State-owned Kenya Petroleum Refineries Limited (KPRL) at no cost in a plan aimed at strengthening the country’s petroleum supply chain infrastructure.
KPRL acting general manager Tom Mailu said the plan which received the Cabinet green light last week entails the transfer of shares of the refinery currently in the hands of the Treasury to KPC, as the state moves to bolster the security of petroleum supply.
