Kenya Petroleum Refineries Limited
| Formerly | East African Oil Refineries Limited |
|---|---|
| Company type | Public |
| Industry | Oil Refinery |
| Founded | 1960 |
| Headquarters | Mombasa, |
| Owner |
|
Kenya Petroleum Refineries Limited (KPRL) is a Kenyan oil refinery based in Mombasa. Kenya Petroleum Refineries Limited is currently managed by the government of Kenya.[1][2] It was founded in 1960 by the government of Kenya with Shell and the British Petroleum Co. BP. As of June 2016, 100 percent of the shares are owned by the government of Kenya.[3]
History
[edit]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. 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.
In July 2009, Essar Energy acquired 50 percent stake in KPRL for $7 million from Chevron, BP and Royal Dutch Shell.[4][5]
Crude oil refining operations stopped in September 2013.[6]
In 2016, Essar Energy sold its share of KPRL to the government of Kenya.[3][7]
On June 9, 2018, KPRL plant received the first batch of the initial Early Oil Pilot Scheme (EOPS) from Turkana oil fields.Mwakio, Philip. "New lease of life for defunct Mombasa refinery after Lokichar crude". The Standard. Retrieved 2018-12-09.</ref>
Board members
[edit]The company is managed by Board of Directors and a management team. The board of directors is made up of 6 members who represent the Kenya government who is the sole owner of the company.
Services
[edit]Source:[8]
- Product Handling & Hospitality
- Liquid Petroleum Gas (LPG)
- Premium Petrol
- Dual Purpose Kerosene
- Automotive Gasoil
- Fuel Oilservices
- Laboratory Services: certify/verify that oil product(s) meet stipulated standards
- Fuel Loading Facilities
References
[edit]- ^ "KPRL crude sold for Sh1.25bn". Citizentv.co.ke. Retrieved 2018-12-09.
- ^ "Turkana oil drives jobseekers to Mombasa refinery". Daily Nation. Retrieved 2018-12-09.
- ^ a b Prasad, Rachita (2016-06-24). "Essar Energy exits Kenya Petroleum by selling stake to Kenyan government". The Economic Times. Retrieved 2020-04-06.
- ^ Kamau, Macharia. "Refinery prepares to receive early oil". The Standard. Retrieved 2018-12-09.
- ^ "Essar now wants to sell its 50pc refinery stake to State". Daily Nation. Retrieved 2018-12-09.
- ^ "Kenya Petroleum Refineries Limited – Energising Our Nation". Retrieved 2020-04-06.
- ^ "Who We Are – Kenya Petroleum Refineries Limited". Retrieved 2020-04-06.
- ^ "Our Operations – Kenya Petroleum Refineries Limited". Retrieved 2020-04-06.