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Tanzania’s Taifa gas to shake-up Kenya’s cooking gas market

  • Taifa Gas broke ground at the Dondo Kundu Special Economic Zone next to the Port of Mombasa last Friday
  • The firm supplies LPG for domestic, commercial and industrial use and has been feeding the Kenyan market by road.
  • The company has been given 30 acres in Dongo Kundu to set up a 30,000 metric tonnes gas handling facility.

The entry of Taifa Gas into Kenya is expected to shake up the cooking gas retail market in East Africa’s economic power house, which has witnessed rising prices in recent years.

Taifa Gas broke ground at the Dongo Kundu Special Economic Zone next to the Port of Mombasa last Friday, at an event presided over by Kenya’s President William Ruto.

The company is investing about USD130 million (Ksh16.4 billion) in a Liquefied Petroleum Gas (LPG) import, storage and distribution plant, at the 3,000-acre Special Economic Zone. Taifa has been supplying LPG for …

The post Tanzania’s Taifa gas to shake-up Kenya’s cooking gas market appeared first on The Exchange.



This post first appeared on The Exchange: Business News Today | Investment News Africa, please read the originial post: here

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Tanzania’s Taifa gas to shake-up Kenya’s cooking gas market

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