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Originally published by Capital Business
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business
August 17, 2026
5h ago

Senators want six-month strategic oil reserve

Senators want six-month strategic oil reserve

The Senate Standing Committee on Energy said the framework should be developed in collaboration with the National Treasury and other relevant agencies and anchored on the National Oil Corporation of Kenya...

✨ Key Highlights

Kenyan Senators are pushing for the establishment of a national strategic oil reserve to cover at least six months of the country's fuel consumption.

  • The Ministry of Energy and Petroleum has been given 12 months to develop a framework for this reserve.
  • The framework will be developed in collaboration with the National Treasury and anchored on the National Oil Corporation of Kenya (NOCK).
  • The recommendations stem from a committee report investigating irregularities in Kenya’s fuel supply chain, exacerbated by recent global energy supply disruptions.

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