Browsing: Energy and Petroleum Regulatory Authority (EPRA)

Kenya-Uganda oil deal | East African Court of Justice

Inside Kenya-Uganda oil impasse: Is Kenya revenging the Tanzania pipeline?

Countries
  • Uganda has moved to the East African Court of Justice (EACJ) over alleged Kenya’s move to block it from importing its refined petroleum products.
  • In 2016, Uganda opted to work with Tanzania to develop a pipeline to evacuate crude oil from its fields in Hoima, western Uganda.
  • This dealt a blow to an initial plan to jointly construct a 1,500-kilometre-long pipeline from oil-rich Hoima to Kenya’s Lamu port, a project envisioned to cost about $2.5 billion.

Kenya’s fallout with Uganda on importing refined petroleum products has caused another rift between the neighbouring countries, threatening trade and bilateral relations.

On December 28, last year, Kampala lodged a case at the East African Court of Justice (EACJ) against Nairobi for blocking its plans to shift from purchasing petroleum products from Kenya to importing consignments.

Over the year, Oil Marketing Companies (OMCs) in Uganda have picked imports from Kenya Pipeline’s depots in Eldoret …

martin.mwita Kenyas geothemal industry. KegGens Olkaria II geothermal plant

Kenya’s geothermal wells promises cheaper electricity to power the future

Investing
  • Public-Private Partnerships  have allowed  drilling and geothermal energy production capacity to rise.
  • Combined with hydro, these two sources contribute 65.62 percent of the total, while wind and solar account for 18.69 percent.
  • While Kenya Power has tried to revise energy prices in the country, analysts observe that expanding geothermal investments will provide the country with cheaper power for future expansion.
Kenya is the leading producer of geothermal energy in Africa and ranks seventh in the world, behind the United States, Indonesia, the Philippines, Turkey, New Zealand, and Mexico.
Ongoing investments, primarily through Public-Private Partnerships (PPPs), have allowed the country’s drilling and geothermal energy production capacity to rise.
Part of this investment is the development of a 35MW Menengai geothermal project is scheduled to begin this month, according to the London-based energy company Globeleq.
Toyota Tsusho Company (TTC) has signed an engineering, procurement, and construction (EPC) contract and a long-term service
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Tanzania’s Taifa gas to shake-up Kenya’s cooking gas market

Oil&Gas
  • Taifa Gas broke ground at the Dondo Kundu Special Economic Zone next to the Port of Mombasa last Friday
  • The firm supplies LPG for domestic, commercial and industrial use and has been feeding the Kenyan market by road.
  • The company has been given 30 acres in Dongo Kundu to set up a 30,000 metric tonnes gas handling facility.

The entry of Taifa Gas into Kenya is expected to shake up the cooking gas retail market in East Africa’s economic power house, which has witnessed rising prices in recent years.

Taifa Gas broke ground at the Dongo Kundu Special Economic Zone next to the Port of Mombasa last Friday, at an event presided over by Kenya’s President William Ruto.

The company is investing about USD130 million (Ksh16.4 billion) in a Liquefied Petroleum Gas (LPG) import, storage and distribution plant, at the 3,000-acre Special Economic Zone. Taifa has been supplying LPG for …

The rising global prices which have been on an upward trend since January are putting pressure on Kenya’s economy, as the country’s population continues to dig deeper into their pockets to meet the cost of living. This is in the wake of a rising inflation which rose to 6.58 per cent in April from 4.35 per cent in March, the highest increase in the cost of living in 19 months, mainly driven by high food prices. Crude oil prices have been on the rise since January affecting the transport, manufacturing, agriculture and energy sectors in Kenya.

Global oil prices pile pressure on Kenya’s economy

Kenya

Global oil prices which have been on an upward trend since January are putting pressure on Kenya’s economy, as the country’s population continues to dig deeper into their pockets to meet the cost of living.

This is in the wake of a rising inflation in Kenya which rose to 6.58 per cent in April from 4.35 per cent in March, the highest increase in the cost of living in 19 months, mainly driven by high food prices.

Crude oil prices have been on the rise since January after edging up from USD59.50 per barrel in December. In January, a barrel traded at USD60.95.This went up to USD66.35 in February, USD 68.60(March) and USD73.05 in April.

Brent, which is a benchmark crude, is currently trading at USD71.90, with overall oil prices projected to surge.

Kenya which prices its oil products on the previous month’s market prices (due to the import period), …