$130.5 Million LPG Facility Starts Construction in Mombasa, Kenya

LPG

“We are investing in infrastructure as an incentive to promote the use of cooking gas,” stated Kenyan Cabinet Secretary for Energy and Petroleum, Davis Chirchir, adding that the East African country’s commission responsible for technical and economic regulation of electricity, the Energy and Petroleum Regulatory Authority, has issued several licenses to private investors to construct bulk LPG facilities.

The entry of Taifa Gas into Kenya’s gas market is a result of the East African country’s bid to form bilateral trade agreements with Tanzania.

Construction of the LPG plant comes amidst Kenya’s bid to achieve universal access to clean coking energy by 2030, with the Government having implemented plans to invest more than $200 million – in addition to $400 million in investments and tax relief – into the development of facilities designed to store and manage LPG.

Share This Article

Other Reads

Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.
X
X