High prices slash petroleum import bill

The quantity of petroleum products imported decreased to 4.3m tonnes. [Wilberforce Okwiri, Standard]

The amount of money Kenya spent to import petroleum products dropped last year due to a drop in local consumption of fuel, as many motorists and industries reduced consumption due to high pump prices.

New data by the government shows that petroleum products reduced by nearly a third, while the total import bill dropped albeit marginally, with high cost of fuel ensuring the cost of importing it remained high despite the fall in consumption.