Africa
?????? ????? ?? ????? ????? ??? ?????? ??? ??’? ??? ??? ????????
■ Dar es Salaam port will get a major boost from Uganda oil shipments if they shift from Mombasa
February 16, 2024
???????
Uganda is negotiating with Tanzania to import all of its oil products through Dar es Salaam port, which would mean an end to imports via Kenya’s Mombasa port, Uganda’s Energy minister told Reuters on Thursday.
Uganda has been dissatisfied with the longstanding system under which Ugandan fuel companies buy 90% of their supplies through affiliated firms in Kenya.
President Yoweri Museveni has complained this exposes his country to supply disruptions and high pump prices.
In response, Uganda announced in November it would hand over exclusive rights for supply of all petroleum products to a unit of global energy trader Vitol.
Uganda imported $1.6 billion worth of petroleum products in 2022, mostly originating from the Gulf.
Uganda currently imports 90% of its refined petroleum products through the port of Mombasa.
Kenya is lobbying Uganda to stick with Mombasa and not shift to the rival port of Dar es Salaam.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Investigations2 weeks agoHow Did a Sh468K KRA Salary Allegedly Turn Into Sh30 Billion? Questions Deepen Over Commissioner George Obel and Ciala Resort Owner’s Wealth
-
Business2 weeks agoGreen Gold, Rotten Roots: How Kenya’s Biggest Avocado Firms Hijacked a Sh5.8 Billion Harvest Ban
-
Africa1 week agoThe $24 Million Heist at the End of the World
-
Investigations2 weeks agoSerial Scammers Strike Again: How Kelvin ‘Sonko’ Onyango and Seth Steve Okute Built a Gold Fraud Empire on Kenya’s Reputation
-
Business2 weeks agoHigh Court to Set the Record Straight in Long-Running Bia Tosha Petition
-
Investigations2 weeks agoThe Greek Heist: How Inform Lykos Allegedly Robbed Kenyan Taxpayers of Sh650 Million While Printing the Nation’s Exams and Ballots
-
Investigations1 week agoThe Judge, The Disgraced Magistrate, The Auctioneer-Husband, The Fixer And The Lawyer: Anatomy Of A Sh16 Million Judicial Bribery Racket
-
Business2 weeks agoFly 748 Returns to Kenya’s Skies With Fresh Push for Affordable Coastal Travel
