Puzzle as Cancelled Fuel Deal Leaves Kenyans with Ksh3.2 Billion Bill
The ship carrying 96 tonnes of fuel was set to dock at the port of Mombasa before an abrupt U-turn by the government, despite an earlier decision to okay the importation outside the G-to-G framework...
✨ Key Highlights
Kenyans are facing a potential bill of Ksh3.2 billion due to the cancellation of a fuel import deal involving a tanker already en route to Kenya.
- The estimated loss amounts to Ksh3.2 billion (over $25 million) in various costs incurred by the oil importer.
- The Senate Committee on Energy is investigating the cancellation and allegations of irregular fuel procurement.
- The deal was reportedly made following instructions from the Ministry of Energy, with fuel prices potentially inflated by Ksh50 to Ksh80 per litre compared to existing arrangements.
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Petrol Jumps Sh28, Diesel Sh40 in EPRA Review - April 2026
Motorists and households in Kenya face fuel price hikes announced by EPRA for April-May 2024. Super Petrol increased by Sh28 to Ksh206.97 per litre and Diesel by Sh40 to Ksh206.84 per litre in Nairobi. The government reduced fuel VAT to 13 percent and will utilize Sh6.2 billion from the Petroleum Development Levy to cushion consumers. Kiharu MP Ndindi Nyoro says Kenya has a 50 percent chance to lower costs through domestic policy choices. Kenyans face a potential Ksh3.2 billion bill from a cancelled fuel import deal.
