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. KPRL was founded in 1960. It was originally founded by Shell and BP to distribute and supply the East Africa with oil products.
Who owns Kenya Petroleum Refineries Limited?
Kenya Petroleum Refineries Limited is currently managed by the government of Kenya. 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. KPRL was founded in 1960.
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.
Does Kenya have a crude oil refinery?
Kenya had one of the largest crude oil refineries in East Africa, the 90,000 bbl (14,000 m 3) per day Mombasa refinery. The refinery typically operated below capacity and processed Murban heavy crude from Abu Dhabi and other heavy Middle-Eastern crude grades.