KIPEDA Holdings is an oil and gas organization involved in supply, marketing and facilitation of access to all petroleum products. Established on 16th day of October 2015, our shareholders are, Kenya Independent Petroleum Distributors Association (KIPEDA), a lobby group for independent petroleum distributors in Kenya. Kipeda Energy, Kipeda Founders Enterprises and Arc Energy. The authorized and full paid up share capital as of October 2018 is Ksh.10,000,000 ($100000).
The organization has a collaborative agreement with Kencor petroleum whereby Kencor is the principal supplier of petroleum products to independent petroleum dealers, while allocations in respect to the independents are channeled through Kencor petroleum as per the collaborative agreement.
The organization also provides consultancy services majorly on the business of distribution of petroleum products with engagements in dealership advisories as well. Our practical advisories include setting up stations, location selection, supply chain management, transport logistics and market linkages. Our experts have a deep understanding of the unique dynamic and economics of the Kenyan petroleum industry, as well as the critical issues and challenges facing operators seeking to grow and improve their performance.
To reliably source and supply petroleum products at competitive prices and empower partners through cutting edge consultancy services in the industry.
The company seeks to be the main source of supply to independent petroleum retailers and commercial customers who seek reliable and consistent supply petroleum products. The company has over 70 members with stations across the length and breadth of Kenya. In Kenyan market, independent operators can only access products at wholesale market after the major OMCS have surplus products. This is the gap Kipeda Holdings seeks to fill by creating a collective brand to be able to participate in the petroleum import Open Tender System (OTS) to gain margin across value chain for her members.
Backed by operators who have long standing experience in the industry, we fully understand the dynamics of the marketplace. The company has also been in the forefront in developing good working relationship with the Regulator, Energy Petroleum Regulatory Authority (EPRA), Parliamentary committee on energy, and other key industry stakeholders to encourage policies/regulations that propel business and drive international competition. Thus, the company is dedicated to improving supply efficiency in the country’s fragmented marketplace and become the change agent for benefit of both the distributors and the consumers
To be a lead supplier and marketer in East Africa by providing high quality petroleum products, innovative consultancy services using the latest technology in both local and international oil and gas practices.
There is a lot of potential among the western, eastern and highland parts of Kenya. These are markets that are showing a lot of growth, with new independent service stations coming up. Secondly with devolved units becoming the new engines of growth, we expect accelerated economic activities away from the traditional metropolis in the country hence room for energy demands at the local level.
Our work is guided by the following core values:
Quality: To ensure that all our products are of high quality. We are keen on sourcing/or facilitating the supply of high quality petroleum products by partnering with reputable companies in oil and gas exploration who adhere to high quality, safety and environmental standards. Still, we put all our products through a rigorous testing process to ensure they meet international quality standards.
Efficiency: We ensure that the supply is efficient so as to bring down product costs. This is made possible by, encouraging development of policies that support the future viability of a sustainable and fair industry..
Ecological Stewardship: In order to support the long-term sustainability we undertake initiatives that seek to address increasing pollution concerns. Thus, we are dedicated to safe handling of petroleum products and keen on sourcing for cleaner fuel.
Operation Excellence: We passionately pursue and strive to exceed expectations in every area of our company operations while continuously challenging ourselves for further improvements.
■ Simplified product access process ■ Technology mainstreaming for efficient supply ■ Continuous recruitment of independents
Membership expansion. The company is in the process of consolidating its business by gaining new members hence, effectively capturing additional market share.
Market expansion. In Kenyan, the petroleum market is projected to grow 3.4% per annum reaching 8mn MT in 2030. KIPEDA is positioning appropriately to capture additional demand by exploring avenues to finance construction of new retail sites and accepting new members.
Simplification of the process of product access. Independents still take more than one day after placing an order to lift the products. We are engaging other industry stakeholders to make the processes and stages for preparing an order a bit simpler for orders to be serviced on same day basis.
Technological mainstreaming for efficient supply. We are encouraging the use of technology in payment systems and placement of orders to be made online amongst our members.