The offshore Kipevu Oil Terminal in Mombasa is now complete following its commissioning on Thursday by President Uhuru Kenyatta.
The Kshs 40 billion offshore Kipevu Oil Terminal will see Kenya double its capacity to handle transit petroleum products to Uganda, Rwanda, and Burundi from the current 35,000 tonnes.
The 770-metre long jetty, with a capacity to load and offload all categories of petroleum products from large sea tankers of up to 200,000 DWT, is the largest in Africa.
The jetty was developed to lower fuel pump prices in the country by saving over Kshs 2 billion annually in demurrage costs. The project began in February 2019.
Earlier, President Kenyatta, who was on a day-long working tour of Mombasa County commissioned several infrastructural projects; the new Ksh 4.5 billion Makupa Bridge, the offshore Kipevu Oil Terminal & the Liwatoni Fisheries Complex.
— State House Kenya (@StateHouseKenya) August 4, 2022
According to the Kenya Ports Authority (KPA), marine operations, including pilotage services at the new KOT, shall be provided 24/7.
“It will improve molecule fluidity in the mid-stream supply chain and ensure price stability of petroleum products in Kenya and the region.”
“The designed capacity of the new KOT is 12 million MT, with the annual throughput of petroleum products for 2020/2021 totalling 8.6 million MT.
This has increased the total designed capacity of the three Marine Oil Terminals to 14,600,000 MT against demand forecast of 8.3 mil MT (2022/23).”
The China Communications Construction Company built the facility to supplement the current 50-year-old Kipevu Oil Terminal.