Kenya’s new oil terminal nears completion
- 30/11/2021
The new Kipevu Oil Terminal in Mombasa is due to start in January 2022 and will see Kenya double its capacity to handle transit petroleum products to Uganda, Rwanda and Burundi, from the current 35,000 tonnes.
The $385 million (€338 million) terminal can handle up to four vessels at a time compared with the old terminal that can handle only one.
The terminal is expected to cut cost of petroleum products by reducing the cost of demurrage or the extra time taken to load and unload cargo, a big factor to the high cost of oil in the region.
The Kenya Ports Authority (KPA), who will run the terminal, have scheduled a dry run test in December. The terminal can handle vessels with a dead weight tonnage of 200,000 and has a liquefied petroleum gas (LPG) line to stabilise gas supply in Kenya.
Source: tankstoragemag.com
