Government estimates value the Kenya Pipeline Company (KPC) at Sh120 billion, as the state plans to divest a 65 percent stake. This divestiture aims to raise approximately Sh100 billion through an IPO on the Nairobi Securities Exchange (NSE).

• The National Treasury expects a projected valuation to incorporate asset revaluations to fetch the most optimal value.
• The government intends to reduce its shareholding in the strategic energy utility to 35 percent.
• The Treasury plans to offer shares to KPC employees ahead of its planned listing in September.