National Oil Corporation of Kenya (NOCK) has announced plans to rehabilitate its Nairobi National Terminal as the state-owned oil company moves to improve a key fuel storage and distribution facility.

🇰🇪 Breaking It Down

In a notice issued on Tuesday, September 1, the corporation invited consulting firms to submit expressions of interest for the rehabilitation project, with applications closing on September 15.

“National Oil Corporation of Kenya Limited invites eligible applicants (Consulting Firms) to submit Expression of Interest (EOI) for Consultancy Services for rehabilitation works at National Oil Terminal, Nairobi,” the notice stated.

National Oil had previously indicated plans to expand the facility by adding more storage tanks to support its growing retail network and meet fuel demand in Nairobi, the Mt Kenya region and among other oil marketers.

📌 What You Need to Know

The corporation was also planning to establish a high-capacity LPG filling plant within the terminal’s compound.

The notice comes amid calls for NOCK to play a stronger role in Kenya’s fuel supply chain, particularly amid concerns over fuel pricing, importation and the country’s ability to cushion consumers from external market shocks.

In April, Petroleum Outlets Association of Kenya (PAOK) Chairperson Martin Chomba argued that weakening the role of the corporation remained a key concern , while dismissing the government’s reduction of Value Added Tax (VAT) on petroleum products as a solution.

Located in Nairobi’s Industrial Area, the terminal is one of National Oil’s main facilities for handling petroleum products, with a truck-loading capacity of 3.7 million litres per day.

Its operations make the terminal an important part of National Oil’s downstream business and a significant source of revenue for the corporation.

The state corporation operates more than 99 service stations across the country and supplies petroleum products to businesses, government institutions and independent resellers.

📰 Source: Kenyans.co.ke