Fuel Crisis: Energy ministry outlines action against oil marketersActing Petroleum and Mining Cabinet Secretary Dr Monica Juma has announced a raft of measures against the Oil Marketing Companies (OMCs) amid sustained fuel shortage across the country. Dr. Juma has accused the oil marketers of economic sabotage despite addressing their concerns and evidence that there is sufficient stock of petroleum in the country to meet monthly demand until June this year. The ministry says some OMC were hoarding the fuel in a bid to cash in after the monthly fuel review by the Energy and Petroleum Regulatory Authority (EPRA) which is slated later Thursday. Dr Juma says the marketers have also been found to be diverting fuel earmarked for local consumption for export to their advantage. The National Oil Corporation of Kenya (National Oil) is further expected take up the 30% of its import quota in a bid to ease the fuel crunch.

Source: Daily Nation April 14, 2022 15:53 UTC