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Originally published by Capital News
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September 21, 2026
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CS Wandayi says G-to-G Fuel Deal Eased Dollar Shortages, Secured Kenya’s Fuel Supply

CS Wandayi says G-to-G Fuel Deal Eased Dollar Shortages, Secured Kenya’s Fuel Supply

Wandayi said the arrangement was introduced in 2023 after Kenya faced an acute shortage of foreign currency that had threatened the importation of refined petroleum products and other essential commodities...

✨ Key Highlights

Kenya's Energy and Petroleum Cabinet Secretary J. Opiyo Wandayi defended the government-to-government (G-to-G) fuel importation program, stating it effectively eased US dollar shortages and secured fuel supply.

  • The arrangement, introduced in March 2023, addressed an acute foreign currency shortage that threatened fuel imports.
  • Key entities involved include the Kenyan government and international oil companies like Aramco Trading Fujairah FZE, ADNOC Global Trading Ltd, and Emirates National Oil Company (ENOC).
  • The deal provided 180-day credit terms for petroleum imports, reducing immediate dollar demand by an estimated US$500 million per month and allowing payments in Kenya shillings.

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