Kenya: Govt Eyes Strategic Fuel Reserve to Cushion Supply Shocks

Kenya: Govt Eyes Strategic Fuel Reserve to Cushion Supply Shocks

Nairobi -- The government is engaging private sector investors to establish a contingency fuel storage facility in Mombasa, in a bid to strengthen energy security and cushion the country against global supply disruptions.

Govt in Talks to Build Fuel Buffer System Amid Global Oil Volatility

NAIROBI, Kenya Apr 14 – The government is in talks with private investors to establish a contingency fuel storage facility in Mombasa aimed at strengthening Kenya’s energy security and shielding the country from global supply disruptions. Energy Cabinet Secretary Opiyo Wandayi told the parliamentary Energy Committee that discussions are ongoing to develop a strategic petroleum reserve, noting that Kenya currently lacks a national fuel buffer sys…