EPRA warns oil marketers of fines, license revocation over hoarding
EPRA Acting Managing Director Pius Mwendwa said investigations found some firms were withholding fuel supplies to create artificial shortages. Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Energy and Petroleum Regulatory Authority (EPRA) is threatening severe penalties, including hefty fines and license revocation, against oil marketing companies accused of hoarding fuel and overcharging customers.
- Companies found hoarding petroleum products face fines of at least Sh1 million or imprisonment of up to one year, or both.
- EPRA is targeting oil marketing companies (OMCs) and specifically named its Acting Managing Director, Pius Mwendwa, in its warning.
- The regulator cited reports of fuel shortages in various parts of the country, attributing them to deliberate actions by some marketers rather than inadequate national stocks.
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