Dangote Industries Limited has chosen Kenya as the location for its proposed East African oil refinery, a project valued at approximately $17 billion (about KSh2.2 trillion).
According to money254.co.ke, the refinery is expected to process up to 700,000 barrels of crude oil per day, positioning Kenya as a major refining hub and strengthening regional energy security while reducing dependence on imported petroleum products.
The announcement was made by Dangote Industries’ Group Vice President for Oil and Gas, Devakumar Edwin, who said the Kenyan plant forms part of the company’s Africa expansion strategy.
The proposed refinery, estimated to cost Ksh2.2 trillion, is expected to supply refined fuel to Kenya, Uganda, Tanzania, South Sudan and other East African markets, reducing the region’s dependence on imported petroleum products.
The project was initially planned for Tanzania’s Tanga Port, but Dangote shifted the investment to Kenya, citing better infrastructure, stronger market demand and more favourable maritime logistics.
The refinery is expected to be built in either Mombasa or Lamu, with the final location yet to be confirmed.