For weeks, the Petroleum Ministry has been sitting pretty, watching as industry players hold Kenyans hostage. It is about time the ministry acted decisively to weed out bad elements and stop enabling rogue players. Reportedly, some oil marketing companies diverted oil meant for Kenya to other regional markets — sending the country into a major fuel shortage. This has affected many sectors of the economy, especially transport, manufacturing and agriculture.
The Energy and Petroleum Regulatory Authority yesterday penalised oil marketers that have been exporting fuel to neighbouring countries while withholding the products from the Kenyan market. The regulator slashed storage space allocated to oil firms that have been denying the market much-needed petroleum products.