11 oil marketers to lose fuel stock in Sh2.1bn debt row with KPC

kpc

Kenya Pipeline Company (KPC) petroleum storage facility in the Industrial area, Nairobi. 

Photo credit: File | Nation Media Group

The Kenya Pipeline Company (KPC) is in the process of selling the stocks of 11 oil marketing companies (OMCs) to recover a Sh2.15 billion debt.

The State-owned firm says it has picked 11 lawyers to sell the petroleum stocks sitting in its distribution pipeline as ‘line fill’-- a jargon used in the oil and gas industry to refer to the minimum volume of product required to be maintained in a pipeline for its efficient and safe operation.

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