Nairobi, Kenya – March 13, 2025 – The Kenya Pipeline Company (KPC) has posted a Sh10 billion profit before tax for the financial year ending June 30, 2024, representing a 32 percent increase from Sh7.6 billion in the previous year.
The growth is attributed to a 15 percent rise in revenue, from Sh30.9 billion to Sh35.4 billion, driven by higher sales volumes and favorable forex rates.
Total throughput volumes rose by 6 percent to 9.1 million cubic meters (M³), with domestic volumes increasing marginally to 4.5 million M³, while exports surged 12 percent to 4.7 million M³, reflecting KPC’s enhanced operational capacity.
KPC Board Chairperson Faith Bett-Boinett credited the strong performance to improved efficiency.
“Our revised Vision 2025 Strategic Plan ensures we remain responsive to market dynamics while maintaining operational excellence. The recent ISO Integrated Management System (IMS) certification further reinforces our commitment to global standards.”
Managing Director Joe Sang reaffirmed KPC’s focus on sustainable growth and innovation.
“We are committed to investing in our people, infrastructure, and technology to exceed customer and stakeholder expectations. The next phase of our journey will be defined by excellence, resilience, and vision.”
Sang also announced KPC’s acquisition of Kenya Petroleum Refineries Limited (KPRL), which the company had operated under a lease since 2017. The move aims to leverage KPRL’s fuel storage assets to strengthen Kenya’s position as a regional oil and gas hub.
To boost efficiency, KPC is investing in key projects, including leak and intrusion detection & Supervisory Control and Data Acquisition (SCADA) system, line IV (Nairobi-Eldoret) capacity enhancement, anf Nairobi Terminal (PS10) bottom loading facility
Beyond its core business of petroleum transportation and storage, KPC is exploring alternative revenue streams, such as fiber optic cable services, Morendat Institute of Oil and Gas (MIOG), and investments in Liquefied Petroleum Gas (LPG).
