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Penspen Wins Feasibility Study Contract for Kenyan Pipeline

Source: www.gulfoilandgas.com 1/21/2014, Location: Africa

Penspen is pleased to announce that it has been awarded a contract to undertake a feasibility study for the Kampala-Kigali segment of the Eldoret-Kampala-Kigali pipeline. This project builds on Penspen’s history of pipeline work in the region which included the development of the Kenyan pipeline system in the 1980’s and 1990’s.

An initiative of the Kenyan, Ugandan and Rwandan governments, the pipeline will deliver refined petroleum products from Kampala, Uganda to Kigali, Rwanda, eliminating the need for current tanker transportation methods. Upon completion in 2017, the Eldoret-Kampala-Kigali pipeline will offer economic and environmental benefits by safely and efficiently delivering petroleum products to some countries in East Africa and the Great Lakes Region. In addition, the pipeline will reduce transportation costs and promote business within the region.

The pipeline is one of several projects of the Tripartite Initiative (between Kenya, Uganda and Rwanda) that aims to accelerate regional development in the area through investment in infrastructure, trade and economic integration projects within the region. Other major projects lined up include the $3.5 billion Mombasa-Kampala-Kigali standard railway track and a regional power transmission line.

Peter O’Sullivan, CEO of Penspen commented: “I am delighted that Penspen has been selected for this project. We are keen to contribute to the economic growth of this region through the development of oil and gas infrastructure, and we have a strong history of success in East Africa.”
For more information about related Opportunities and Key Players visit East Africa Projects

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