Taifa Gas

2023 - 2 - 24

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Image courtesy of "The East African"

Ruto launches building of $130.5m LPG plant in Mombasa (The East African)

Kenya's President William Ruto (left) and Taifa Gas Group Chairman Rostam Aziz during the ground-breaking ceremony of the 30,000-tonne plant at the Dongo ...

The entry of Taifa Gas into the country is part of a bilateral trade deal between Kenya and Tanzania signed during the tenure of Ruto’s predecessor Uhuru Kenyatta. During recent bilateral trade negotiations between the two countries held in Zanzibar, Kenya pushed for local carrier JamboJet to be allowed to fly to several destinations in Tanzania. The plant worth $130.5 million is owned by Taifa Gas, the largest LPG gas dealer in Tanzania which was founded by billionaire Rostam Aziz.

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Image courtesy of "The Citizen"

Tanzanian tycoon to build East Africa's largest gas import and ... (The Citizen)

Taifa Gas is the largest LPG supply company in Tanzania and has been feeding the Kenyan retail market via road.

They plan to start with 10 facilities in Kenya at a cost of $55 million. The business mogul is also the owner of Grain Bulk Handlers, which has a near monopoly in the discharge and handling of bulk grain cargo at the Port of Mombasa. It was earlier estimated to cost $130 million (Sh16.25 billion). Construction of the Taifa Gas facility offers Kenya an opportunity to lower cooking gas costs in the absence of price controls. However, the Kenyan facility will be four times bigger. Taifa Gas is the largest LPG supply company in Tanzania and has been feeding the Kenyan retail market via road.

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Image courtesy of "The Star, Kenya"

[PHOTOS] Ruto launches Taifa gas project in Mombasa (The Star, Kenya)

President William Ruto, Deputy President Rigathi Gachagua and Trade and Investments CS Moses Kuria, with other officials inspecting a model during the launch of ...

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Image courtesy of "Tuko.co.ke"

Taifa Gas: Tanzanian LPG Company to Create 90000 Jobs in ... (Tuko.co.ke)

Tanzanian Liquefied Petroleum Gas (LPG) company Taifa Gas is setting up KSh 16 billion plant in Mombasa and aims to employ 90000 Kenyans and reduce prices.

"We are happy to be involved with the local gas market and especially to start our project in Mombasa. Our coming to Kenya facilitated by President Ruto's government will do so even as we struggle with the complex issue of There we will look for land and the residents are helping us to prepare those areas," she said. Gas prices in this country are expected to drop because the ability to store gas will enable us to buy LPG at a cheaper price from the world market. [Kenya Revenue Authority](https://www.tuko.co.ke/272879-how-kra-pin-search-using-id-number-kenya.html) (KRA) to [remove all taxes levied on LPG](https://www.tuko.co.ke/politics/495832-william-ruto-pledges-remove-taxes-cooking-gas-kila-nyumba-itakuwa-na-gas/) in a bid to reduce gas prices across the Kenyan market. Currently, the project aims at reducing the price of gas in the country by having a large gas storage area.

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Image courtesy of "Kenyans.co.ke"

President Ruto Set to Remove All Taxes on Cooking Gas [VIDEO] (Kenyans.co.ke)

At the same time, Ruto ordered top managers at the Kenya Pipeline Company Limited (KPC) to expand local terminal storage capacity.

- Bold24 February 2023 - 5:34 pm - Manhunt24 February 2023 - 4:35 pm - Tragic24 February 2023 - 5:53 pm

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Image courtesy of "Kenya Broadcasting Corporation"

Govt. to subsidize cooking gas to enhance use in the country (Kenya Broadcasting Corporation)

President William Ruto has directed energy ministry to embark on plans that will subsidized prices of cooking cylinders and enhance uptake of Liquefied ...

With scale it will be so important to reducing cost and promoting usage to levels seen in other countries,” said Taifa Group Chairman Rostam Aziz. In particular, public institutions must ensure this transition is completed by 2025,” said the President. To further boost the use of LPG in the country, President Ruto said his administration will ensure there is a common user terminal of LPG in Mombasa as well as implement the open tender system in the importation of LPG to achieve competitive and efficient pricing of products in order to ensure consumers benefit.

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Image courtesy of "Business Daily"

Tanzanian tycoon Rostam Aziz pledges cheaper cooking gas (Business Daily)

The entry of Taifa Gas, a liquefied petroleum gas firm, into the local market is expected to trigger price wars.

[By JACKSON BIKO](/bd/lifestyle/profiles/-numbers-guy-s-rise-to-top-aga-khan-university-hospital-office--4135440) [By ANITA CHEPKOECH](/bd/news/us-first-lady-jill-biden-arrives-in-kenya-for-two-day-visit-4136478) [By PATRICK ALUSHULA](/bd/corporate/companies/matatu-insurer-invesco-falls-into-liquidation-4136766)

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Image courtesy of "Kenya Broadcasting Corporation"

Govt. to subsidize cooking gas to enhance use in the country (Kenya Broadcasting Corporation)

President William Ruto has directed energy ministry to embark on plans that will subsidized prices of cooking cylinders and enhance uptake of Liquefied ...

With scale it will be so important to reducing cost and promoting usage to levels seen in other countries,” said Taifa Group Chairman Rostam Aziz. In particular, public institutions must ensure this transition is completed by 2025,” said the President. To further boost the use of LPG in the country, President Ruto said his administration will ensure there is a common user terminal of LPG in Mombasa as well as implement the open tender system in the importation of LPG to achieve competitive and efficient pricing of products in order to ensure consumers benefit.

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Image courtesy of "Kenyans.co.ke"

Rostam Azizi: Profile of Tanzania's Richest Man Eyeing Kenya's ... (Kenyans.co.ke)

According to Forbes, 58-year-old Rostam Azizi, who launched a Taifa Gas plant in Dongo Kundu in Mombasa, is one of the wealthiest people in Tanzania.

- Investor25 February 2023 - 8:25 am - JUSTICE25 February 2023 - 9:48 am It aims to provide cheaper LPG in Kenya. Azizi runs real estate property in Tanzania, Dubai, and Oman. Today, the tycoon owns nearly 18 per cent of Vodacom, Tanzania's largest mobile phone company.Tanzanian Tycoon Rostam Azizi speaking at Serena hotel in Nairobi on May 5, 2021.YouTube The tycoon is a fifth-generation Persian businessman, economist, and former politician.

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