Today the president William Ruto opened a multi billion plant in Mombasa County that will reportedly see gas prices drop by a huge percent.
According to sources, the Multi billion project is owned by a Tanzanian Tycoon who has taken the LPG gas industry by a Strom.
Tanzanian billionaire, Rostam Aziz, is poised to disrupt Kenya's cooking gas market with his plans to set up a plant in the country.
Rostam, the owner of Taifa Gas, submitted his bid to enter Kenya's market, but the process stalled owing to protracted court battles between the two neighbouring countries.
His entrance into Kenya's market follows a deal struck by former President Uhuru Kenyatta and his Tanzanian counterpart, Samia Suluhu Hassan, that eased the cost and process of doing business in either countries.
Rostam's firm - which is set to build a gas plant and storage facility - is set to become one of the biggest plants in the country.
Currently, refilling a 6kg cooking gas cylinder cost Ksh1,540, while a 13kg cylinder cost Ksh3,330. His company is also set to offer competition and lead to a reduction of prices.
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