{{Rwanda\u2019s economy would soon benefit from exporting petroleum products to some countries in the region following plans to construct an oil storage facility in the counrty.}}<\/p>\n
Speaking to a local daily, Christian Rwakunda the Permanent Secretary in the Ministry of Infrastructure said; \u201cit (oil storage facility) will reduce transportation costs. Holding the oil stocks will be an opportunity for Rwanda since it will reduce the cost of transporting fuel into the country.\u201d <\/p>\n
Rwanda\u2019s strategic location in the region places it at an advantage compared to Eldoret in Kenya where several regional countries have been importing their petroleum products.<\/p>\n
Some regional countries will be importing petroleum products from Rwanda if a plan to construct a regional oil-pipeline that will connect Kigali and Eldoret via Kampala is achieved.<\/p>\n
A UK-based company, Penspen, has been subcontracted to conduct a mapping exercise for the oil pipeline connecting Kigali to Eldoret via Kampala.<\/p>\n
Pensen company deals in engineering and management services related to oil and gas industry.<\/p>\n
The mapping of the oil-pipeline will cost over Frw51 million to be contributed by Rwanda, Kenya and Uganda.<\/p>\n
The project is expected to be implemented within the next three years.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Rwanda\u2019s economy would soon benefit from exporting petroleum products to some countries in the region following plans to construct an oil storage facility in the counrty.}} Speaking to a local daily, Christian Rwakunda the Permanent Secretary in the Ministry of Infrastructure said; \u201cit (oil storage facility) will reduce transportation costs. Holding the oil stocks will […]<\/p>\n","protected":false},"author":2,"featured_media":2000050181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[334],"hashtag":[],"class_list":["post-12362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-homenews","byline-igihe-reporter"],"bylines":[{"id":334,"name":"IGIHE Reporter","slug":"igihe-reporter","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"contributors":[{"id":334,"name":"IGIHE Reporter","slug":"igihe-reporter","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"featured_image":{"id":2000050181,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12362.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12362.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12362.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12362.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12362.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12362.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=12362"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000050181"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=12362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=12362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=12362"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=12362"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=12362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}