Kenya Pipeline targets KSh 68 billion in annual revenue by 2030
Kenya Pipeline Company plans to move into fuel trading, storage, LPG, LNG, biofuels and power generation to grow revenue. It also proposes a pipeline to Kigali and reported a 13% rise in profit to KSh 11.58 billion.
Kenya Pipeline Company (KPC) wants to expand beyond its traditional business of moving fuel. The company aims to raise annual revenue to KSh 68 billion by 2030, Business Today Kenya reported. The new income would come from petroleum trading, fuel storage, re-exports, liquefied petroleum gas (LPG), liquefied natural gas (LNG), biofuels and power generation. KPC has also proposed extending its pipeline network to Kigali, Nairobi Wire reported. The company presented the plan at an investor roadshow in Kigali on November 1. Acting Managing Director and CEO Pius Mwendwa called Rwanda an important market for KPC's regional expansion. He said the extension would improve supply reliability and efficiency and support regional integration. KPC has not said when the extension would be built. At the same event, Acting Chief Financial Officer Anthony Ndegwa presented results for the 2025/26 financial year. Profit after tax rose 13% to KSh 11.58 billion. Group revenue grew 9% to KSh 43 billion. The company said…
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