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Gulf energy company secures major oil-storage deal

State-backed Gulf Energy has secured an oil-storage deal valued at Sh93.68 billion. The supplied information does not describe disruption or broader market effects.

By DoomRadar · Published on DoomRadar .

Why it matters

A deal of this scale may affect regional energy-storage capacity and oil logistics.

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  1. State-backed Gulf Energy bags Sh93.68b oil storage deal ↗standardmedia.co.ke · Recorded source date: Aug 28, 2026, 9:46 PM UTC

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