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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Senators Push for Six-Month National Oil Reserve - August 2026
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 Senate Energy Committee has separately directed the Ministry of Energy and Petroleum to establish a digital system for real-time monitoring of fuel stocks within six months to enhance fuel security. At the same time, the Kenyan government significantly increased its domestic borrowing in July 2026, raising Sh138.25 billion to meet its financial obligations as the new fiscal year began.
