The Online Kenyan

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Originally published by Capital Business

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business

April 15, 2026

5h ago

How Kenya lost Sh3.2bn in abrupt fuel deal cancellation

How Kenya lost Sh3.2bn in abrupt fuel deal cancellation

NAIROBI, Kenya, Apr 15 - A fresh storm has erupted over Kenya’s fuel supply crisis after Oryx Energies Kenya Ltd revealed that a multi-million shilling Kenya breaking news | Kenya news today |..

✨ Key Highlights

A Kenyan fuel importer, Oryx, claims it lost Sh3.2 billion after the Ministry of Energy and Petroleum abruptly cancelled a fuel supply deal despite shipments being in transit.

Sh3.2 billion (USD 25 million) in losses incurred by Oryx.
Involvement of the Ministry of Energy and Petroleum and Oryx Managing Director Angeline Maangi.
The deal was reportedly initiated by a direct request to Oryx on March 19, with cancellation occurring on March 31 amidst supply fears linked to the Middle East conflict.

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