Tanzania’s Taifa Gas Licensed to Set up Plant in Kenya
- 27/06/2022
Tanzania’s biggest gas dealer Taifa Gas has been licensed to set up a gas plant and storage facilities at a site in Dongo Kundu near the port of Mombasa to supply LPG for domestic, commercial and industrial use.
The company, owned by Tanzanian business magnate Rostam Aziz, is expected to bring healthy competition to the gas industry in Kenya given its lower prices.
An impact assessment study report is expected this month, and the company has said in a notice that it intends to invite public comments on the construction of the plant.
“Taifa Investment SEZ Limited proposes to construct a liquefied petroleum gas plant, storage terminal and related facilities at Dongo Kundu in Mombasa County. The proposed plant is designed to store propane, butane and LPG mix of various grades for domestic, commercial and industrial use,” reads part of the notice.
Source: kenyanwallstreet.com
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