Ruto: Kenya has no issue with Uganda, Tanzania refinery plans
Speaking during an interview with the media at State House, Mombasa, the President said he had discussed Uganda's refinery plans with President Yoweri Museveni.
Speaking during an interview with the media at State House, Mombasa, the President said he had discussed Uganda's refinery plans with President Yoweri Museveni.
The President pointed out that the decision to locate the project in Lamu was therefore reached after technical assessments of the site and its potential to support industries beyond crude oil processing.
Ruto responded to the senator’s demand for the agreement by saying lawmakers already have a procedure they can use to compel the presentation of government deals before Parliament.
The President said the project reflected a shift from traditional infrastructure financing, where the government relies heavily on taxes and public borrowing, towards a model that brings private capital into commercially viable projects
The refinery is designed to handle up to 700,000 barrels of crude oil each day and is expected to be completed in 2030.
Dangote Group President and Chief Executive Aliko Dangote made the announcement on Wednesday during the groundbreaking ceremony for the Sh2.2 trillion Dangote East Africa Refinery in Lamu, saying the company was ready to expand its investments into other areas that can support Africa’s growth.
The refinery is expected to generate 1,000 megawatts of electricity and produce one million tonnes of polypropylene, with the wider project covering areas such as energy, petrochemicals, logistics, engineering, manufacturing and marine services.
The planned refinery will have a capacity to process 700,000 barrels of crude oil per day, making it one of Africa’s largest planned refineries and the biggest planned facility in East Africa.
The facility will be built on land within the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor and is planned to process crude from Kenya's Lokichar fields, other African producers and international sources. Its location next to Lamu Port is intended to allow the movement of crude and petroleum products by sea while supporting a wider logistics and industrial hub
Nyoro said the government should provide information on the ownership of Dangote East Africa Refinery, the amount of land allocated to the project and any financial commitments made by the state
Speaking on Radio Generation on Wednesday, Njiru said residents affected by the refinery and the wider Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor projects must be involved in decisions concerning their land and livelihoods, arguing that communities hosting major investments should also have a share in the benefits.
In a statement issued on Wednesday, Oburu described the investment as “a powerful catalyst towards National industrialization” and said it could “permanently rewrite the economic destiny of Lamu County and the entire coastal region”.