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June 15, 2026
2h ago

CS Wandayi Issues Warning Targeting Oil Companies After EPRA Review

CS Wandayi Issues Warning Targeting Oil Companies After EPRA Review

The government has lowered diesel prices by Ksh10, but officials warn the move may not last...

✨ Key Highlights

Kenya's Energy Cabinet Secretary Opiyo Wandayi has cautioned that drastic reductions in fuel prices could lead to the collapse of oil marketing companies and disrupt the economy.

  • The Cabinet Secretary stated that the underlying cost of diesel is around Ksh 259 per litre before government interventions like subsidies and tax adjustments.
  • CS Wandayi warned that making it uneconomical for oil marketing companies to operate risks "disrupting the entire supply chain and causing serious havoc in the economy."
  • He emphasized that fuel pricing is a scientific process managed by the Energy and Petroleum Regulatory Authority (EPRA) to balance consumer relief and company sustainability.

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