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Originally published by Nation Business
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business
September 26, 2026
4h ago

Court fight breaks over Sh93bn Gulf Energy Kipevu oil storage deal

Court fight breaks over Sh93bn Gulf Energy Kipevu oil storage deal

Cofek has challenged the transparency of the 25-year deal...

✨ Key Highlights

A legal dispute has erupted over a Sh93 billion oil storage deal between Gulf Energy and the Kenyan government concerning the Kipevu Oil Storage Facility.

  • The deal involves a staggering Sh93 billion.
  • Key players include Gulf Energy and the Kenyan government.
  • The controversy centers on allegations of corruption and a lack of transparency in the awarding of the contract.

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