CS Wandayi: Oil marketers are hoarding fuel
CS Wandayi said the move is a direct breach of their licensing obligations...
✨ Key Highlights
Energy Cabinet Secretary Opiyo Wandayi has accused oil marketers of "commercially opportunistic" fuel hoarding, which he claims is causing artificial supply restrictions despite sufficient national reserves.
- Kenya Pipeline Company holds 102 million litres of petrol and 146 million litres of diesel.
- Vessels are scheduled to deliver a combined 30 million litres this month, with another 288 million litres planned.
- CS Wandayi warned that hoarding is "contrary to the public interest" and a breach of licensing obligations.
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CS Wandayi Orders Oil Marketers to Release Hoarded Fuel - March 2026
Energy Cabinet Secretary Moses Wandayi has ordered oil marketers to immediately release fuel that is allegedly being hoarded and hidden from the market, as Kenya experiences a growing fuel shortage with petrol stations running dry across the country. This comes despite Wandayi's earlier assurances that sufficient stocks are available. The Petroleum Outlets Association of Kenya (POAK) has also urged the Energy and Petroleum Regulatory Authority (EPRA) to increase fuel prices to align with global markets and prevent impending shortages. The boss of financial giant BlackRock separately warned that oil prices hitting $150 a barrel would trigger a global recession, adding to concerns about energy costs.
