Why Kenya Pipeline is raising transport costs

Kenya Pipeline Company [KPC] petroleum storage facility in Industrial area, Nairobi in this photo taken on January 22, 2021. PHOTO | JEFF ANGOTE | NMG

Kenya Pipeline Company (KPC) will be handed more than Sh1.4 billion a year from the proposed transport, storage and handling tariffs of refined fuel, as it seeks more billions to build a new pipeline.

KPC says that the cash will be used to build a new pipeline from Mombasa to Nairobi by December 2024 as the company races to meet increasing demand in the local and regional markets.

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Note: The results are not exact but very close to the actual.