What’s cooking? Gas marketers raise volumes but prices heat up

Oil marketers sink billions increasing cooking gas plants but stick to high consumer prices.

Oil marketing companies have in the recent past sunk billions of shillings in the construction of cooking gas handling facilities as they angle for a piece of the growing local LPG market.

The private sector players are now betting on the unregulated petroleum subsector, with profit margins for diesel, petroleum and kerosene shrinking further amid tightening price controls by the State.