Oil Storage Facility to be put up in Konza

Last Updated 14 years ago by Kenya Engineer

A new oil storage facility being put up in Konza is seeking to serve the Nairobi region and is likely to drastically cut the time marketers take to access their products. The project whose construction commenced in January 2012 is being undertaken by Petrocity Energy. It is meant to ensure timely supply of fuel which is likely to translate into cheaper fuel prices if marketers pass on the saved costs to the consumers.

The refinery is meant to compliment the Kenya Petroleum Refineries Limited (KPRL) in Mombasa as Kenya does not have enough oil reserves. The facility, with a reserve capacity of 40 million litres in the first phase, will be able to load petroleum products to 16 tankers simultaneously.  Once completed, the Sh1.5 billion oil terminal will have 12 storage tanks with a capacity to store up to 150 million litres of petroleum product.

The petroleum marketer will use an advanced stock-controlling computerized system established by American Conglomerate Company Honeywell, to offer oil marketers with instant and live stock standings.

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