Once The Improve Is Full
To improve East Africa’s largest refinery, also Kenya’s sole refinery, the Kenyan authorities has committed itself to investing $322 million. This initiative is part of a wider plan to meet growing demand from landlocked neighbors Uganda, Rwanda, and Burundi.
In an announcement issued by the Presidential Press Service during a cabinet assembly, President Mwai Kibaki permitted a study for the improve of the Mombassa refinery by a gaggle of consultants, who had also stated that constructing a brand new refinery would value $1 billion. “The cabinet resolved that the modernization choice was extra value efficient,” the assertion stated.
Of the $322 million budget set, $203 million will go in direction of the precise upgrade of the refinery and funding in what is the coal gasification process clean gas expertise, $45 million to construct services to import, retailer, and transport LPG, $22 million for the first part of renovating the refinery terminal, and the reminder will go to financing and curiosity fees throughout building.
The Kenya Petroleum Refineries has a capacity what is the coal gasification process of 3 million tons per 12 months or about 60,000 bpd. It is 50% owned by the Kenyan authorities, whereas Shell, BP, and Chevron, via its subsidiary Caltex, hold the remaining shares.
The statement added that the government will search for companions to help fund the upgrade by means of competitive bidding whereas retaining its stake in the refinery.
As soon as the improve is full, the refinery will produce low-sulphur diesel and better high quality unleaded gasoline. It can even produce 160,000 metric tons of LPG; the refinery presently produces 36,000 metric tonnes. what is the coal gasification process The refinery will also generate 30 MW of electricity by means of the conversion of waste gases, the assertion said.