Kenya Pipeline Company (KPC)

Kenya government has concluded the transfer of the Kenya Petroleum Refineries Limited (KPRL) to Kenya Pipeline Company (KPC), Energy and Petroleum Cabinet Secretary Davis Chirchir has announced. Chirchir said the takeover will help improve the utilization of the assets of KPRL, which closed down its Changamwe refinery in 2014 after it became uneconomical to run the operations at the facility. The Energy CS who spoke in Mombasa on Wednesday explained the KPRL facility became unprofitable…