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January 22, 2026
5h ago

Govt Speaks on Increasing Fuel Prices After Kenya Pipeline Sale

Govt Speaks on Increasing Fuel Prices After Kenya Pipeline Sale

There have been fears that the sale of the shares to other players would deny the government control on fuel products transportation and pricing...

✨ Key Highlights

Treasury Cabinet Secretary John Mbadi has assuaged concerns that fuel prices will increase following the privatisation of the Kenya Pipeline Company (KPC), assuring that costs for key petroleum products will remain stable. He stated that the regulatory framework, including EPRA, will maintain price stability despite the sale.

  • The Government retains a 35 per cent stake in KPC, making it the largest shareholder.
  • The Initial Public Offering (IPO) for KPC is offering 65 per cent of its shares to the public at Ksh9 per share.
  • The IPO, lasting from January 19 to February 19, 2026, aims to raise Ksh106 billion.
  • 90 per cent of the proceeds from the privatisation will be channeled to the National Infrastructure Fund.
  • Current fuel prices are Ksh182.52 for Super Petrol, Ksh170.47 for Diesel, and Ksh153.78 for Kerosene.

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