Govt to earn Sh22.5mn monthly from Mombasa LPG terminal land lease

The 23.19-acre parcel will be leased for 31 years, generating more than Sh698 million in annual rental income over the lease period...

✨ Key Highlights

The Kenyan government is set to generate significant monthly revenue from leasing land in Mombasa to Asharami Synergy Limited for an LPG storage facility.

The government will earn Sh22.5 million monthly from the lease.
The land is owned by Kenya Petroleum Refineries Limited (KPRL).
The 31-year lease for the 23.19-acre parcel is expected to add 30,000 metric tonnes of LPG storage capacity, aiming to lower cooking gas prices.

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