Kenya Pipeline targets 68 billion shillings in revenue by 2030
By the AFREEQUE newsroom, based on Nile Post
Kenya Pipeline Company is targeting annual revenue of 68 billion shillings by the 2030 financial year through regional expansion and diversification. The company is focusing in particular on the Eldoret-Kampala-Kigali oil corridor, fibre infrastructure and liquefied petroleum gas storage, according to acting chief executive Pius Mwendwa.
Kenya Pipeline Company (KPC), a Kenyan oil transport and infrastructure company, is targeting annual revenue of 68 billion Kenyan shillings by the 2030 financial year as part of a regional expansion and diversification strategy presented to investors in Kampala, reports Nile Post.
The strategy includes extending the Eldoret-Kampala-Kigali pipeline corridor, developing fibre-optic infrastructure, as well as liquefied petroleum gas (LPG) storage and bottling capacity. KPC also wants to position itself in regional oil and gas trading activities. The company considers Uganda a key market for this expansion, according to Nile Post.
For the 2025-2026 financial year, the group's revenue increased by 9%, to 43 billion shillings, from 39.5 billion in the previous financial year. Profit after tax rose by 13%, to 11.58 billion shillings, according to acting chief financial officer Anthony Ndegwa.
