Sessional Paper No 11 of 1989 on Kenya Government Guarantee of a Loan to Kenya Pipeline Company Limited by Export Import Bank of Japan

Abstract

In accordance with the provision of the Guarantee (Loans) Act (Cap 461) the following information is laid before the National Assembly relating to a guarantee by the Government in respect of a loan of US $ 58355640 equivalent to .Ksh 6369518105 granted by the Export Import Bank of Japan. The Kenya Pipeline Company Limited a wholly owned Government Company is undertaking the extension of the Mombasa-Nairobi White Petroleum products pipeline from Nairobi through Nakuru biforking at Sinendet and initially terminating at Eldoret and Kisumu and thereafter at Malaba. This extended. pipeline will transport gasolines, kerosene and gasoil required for Western Kenya market and for export to neighboring countries. The products will be pumped through four booster stations with terminals at Nakuru Eldoret and Kisumu and connected by a pipeline submerged under the ground.