Kenya Petroleum Refineries Limited was established as East African Oil Refineries Limited. The first refinery building with distillation, hydro-treating, catalytic reforming and bitumen production units was commissioned in 1963. In 1974 another refinery was launched.
Who owns Kenya Petroleum Refineries Limited (KPRL)?
As of June 2016, 100 percent of the shares are owned by the government of Kenya. KPRL was founded in 1960. It was originally founded by Shell and BP to distribute and supply the East Africa with oil products. Kenya Petroleum Refineries Limited was established as East African Oil Refineries Limited.
When did Kenya start a refinery?
The first refinery building with distillation, hydro-treating, catalytic reforming and bitumen production units was commissioned in 1963. In 1974 another refinery was launched. In 1971 the Kenyan government decided to buy in 50% of the shares from Royal Dutch Shell. In 1983, the name of the company was changed to Kenya Petroleum Refineries Limited.
Will Kenya import crude oil for refinery?
Kenya won’t import crude oil for refinery, he added. The refinery was a moribund, loss-making business that had been idle for almost ten years. Nairobi eventually granted the KPC permission to assume control of and use its facilities for storing refined oil.