Saturday, August 29, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Energy

Rostam Aziz Clears Final Hurdle for $130M Mombasa LPG Terminal After Court Victory

byDare Iretomide
December 31, 2025
in Energy, Industry News, News
0
Rostam Aziz Clears Final Hurdle for $130M Mombasa LPG Terminal After Court Victory
23
VIEWS
Share on FacebookShare on Twitter

Tanzanian billionaire Rostam Aziz has officially cleared the way for his massive $130.5 million liquefied petroleum gas (LPG) plant in Mombasa after winning a key legal battle.

Kenya’s National Environment Tribunal dismissed a petition filed by Likoni residents who sought to halt the project over environmental concerns, allowing construction of the 30,000-tonne facility to proceed without further interruption.

This ruling is the latest in a series of legal victories for Aziz’s Taifa Gas, which also saw Kenya’s Environment and Land Court strike out a similar challenge in November 2025, stating that the project’s environmental approvals were lawfully obtained and that the residents had raised the same issues in a previous case.

The project, located in the Dongo Kundu Special Economic Zone, is poised to significantly reshape Kenya’s energy market.

With its large storage capacity, the terminal is expected to break the long-standing dominance of Mombasa tycoon Mohammed Jaffer’s Africa Gas and Oil Ltd. (AGOL), which has controlled up to 90% of the country’s LPG imports.

Backed by a trade deal between Kenya and Tanzania, the facility aims to increase competition, lower the cost of cooking gas for households, and establish Mombasa as a key energy hub for the wider East African region.

Aziz has hailed the court decisions as a milestone for Kenya’s clean energy transition, reinforcing investor confidence and balancing development with environmental justice.

Tags: Court VictoryFeaturedLPG TerminalRostam Aziz
Dare Iretomide

Dare Iretomide

Next Post
Navigating the Storm: A Month-by-Month Chronicle of Nigeria’s 2025 Economic Odyssey

Navigating the Storm: A Month-by-Month Chronicle of Nigeria's 2025 Economic Odyssey

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigerian Foreign Education Spending Hits Record

Nigerian Foreign Education Spending Hits Record

9 months ago

CBN’s High Reserve Requirement May Be Costing Nigerian Banks Trillions – New Report

3 months ago

Popular News

  • Nigeria’s Pension Assets Rise 51% to ₦31.48tn as PenCom Highlights Reforms

    Nigeria’s Pension Sector Records 51% Growth in 2 Years

    0 shares
    Share 0 Tweet 0
  • Nigerians Shift to Solar as Generator Costs Rise

    0 shares
    Share 0 Tweet 0
  • Laundry Goes Doorstep as Pickup Business Grows

    0 shares
    Share 0 Tweet 0
  • Sahara Power Targets Q1 2027 Completion for $12m Lagos Power Plant

    0 shares
    Share 0 Tweet 0
  • NCC Pushes Homegrown Tech

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .