As of October 2015, there were more than 60 registered oil companies in Kenya.
History
The history of oil marketing in Kenya began in 1904 during colonial times. Initially, kerosene was the main import in tins but later gasoline was imported in tins and drums. Royal Dutch Shell established the first depot at Shimanzi, in
Mombasa
Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of the British East Africa, before Nairobi was elevated to capital city status. It now serves as the capital of Mombasa County. The town is ...
, in the early 1900s.
Today
On 26 August 2019
President Uhuru Kenyatta
Uhuru Muigai Kenyatta (born 26 October 1961) is a Kenyan politician who served as the fourth president of Kenya from 2013 to 2022.
Kenyatta was chosen by Daniel Arap Moi as his preferred successor, but Kenyatta was defeated by opposition l ...
of Kenya flagged off the first consignment of 200,000 barrels of crude oil for export as the
Eastern Africa nation joins the league of petroleum exporting countries. The first consignment of Kenyan crude oil which left the Port of Mombasa for Britain, makes Kenya the first Eastern Africa country to become an oil exporting nation, said Kenyatta at a ceremony in the coastal city.
As of July 2018, there were over 60 registered oil companies in Kenya.
The industry was controlled by major companies such as
Libya Oil Kenya Limited,
Vivo Energy Kenya Limited and
TotalEnergies
TotalEnergies SE is a French Multinational corporation, multinational integrated energy and List of oil exploration and production companies, petroleum company founded in 1924 and one of the seven Big Oil, supermajor oil companies. Its businesses ...
with competition from some locally established companies such as
KenolKobil, Kenya National Oil Corporation, Tosha and Dalbit Petroleum. At that time, the shareholding among the oil marketing companies in Kenya, were as illustrated in the table below:
As of December 2023, the shareholding among the oil majors in Kenya was as illustrated in the table below:
See also
*
Energy in Kenya
*
Petroleum industry in Kenya
References
External links
Vivo Energy to cement dominance with Lexo dealAs of 4 October 2023.
Kenya seals deal for cheaper Saudi fuelAs of 28 June 2022.
{{Authority control