Essar agrees to bring Tamoil into refinery


Issue 140 - 07 Jun 2008 | 1 minute read

India’s Essar Oil and Gas has agreed to accept the Kenyan government’s proposal to let Libya’s Tamoil Africa Holdings take half of its share in the Mombasa refinery (AE 138/19). The 50% stake in Kenya National Petroleum Refineries previously owned by Shell, BP and Chevron was provisionally sold last year to Essar, subject to the government waiving its right of first refusal. However, Tamoil subsequently came in with a more attractive bid.

Tagged with:

Pin Kenya

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register