EPRA's statement on shortage of fuel in the country
Business
By
Stephanie Wangari
| Mar 28, 2022
The Energy and Petroleum Regulatory Authority (EPRA) says the shortage of fuel in some parts of the Country has been occasioned by unprecedented logistical constraints.
EPRA's response was prompted by reports that parts of North Rift and Western Kenya were undergoing a shortage of fuel.
In a statement on Monday, the authority assured the public that there was enough fuel supplies in the country.
"EPRA together with the Ministry of Petroleum and Mining, oil marketers and other sector stakeholders have resolved the issues affecting supply and are working towards the restoration of normalcy across the Country.
READ MORE
African leaders call for climate equity and financial reforms
Entrepreneurs to be trained on cybersecurity
Inflation edges up to 5.1pc in May amidst price hikes in key sectors
Project to turn waste into fertiliser
Want to build a strong brand? This is what you should do
Captains of industry raise concerns over proposed tax hikes
E-mobility firm targets transport sector with new electric taxis
Trade CS Miano says Buy Kenya-Build Kenya aims to promote local products
Kenya Power to install 35 electric vehicle chargers
Kenya records improvements in budget transparency, utilisation
"... there should be no cause to panic," reads EPRA's statement.
Earlier, the Petroleum Outlets Association of Kenya (POAK) says it has been experiencing a tough wholesale market and grappled with unrealistic prices and artificial shortages.
"Things have gotten worse with the pressures of conflict in Ukraine among other factors pushing the global prices through the roof. Our retail prices are guided by EPRA which sets wholesale and retail prices every month and it is a crime to retail beyond the price they stipulate."
"Unfortunately, we are no longer able to sustain this. We hope our government can see ways to save our businesses so that we can continue bringing this service to you," POAK said in a statement.
The Association has since welcomed EPRA's prompt response saying it would have become a supply crisis if the regulator failed to sort it out.
- Miraa farmers sue Murkomen, KAA over Sh4,000 levy at JKIA
- UK tea giant Lipton to sell 15pc stake to local farmers in deal