The National Oil Corporation of Kenya (Noc) will receive Sh3.38 billion from the Petroleum Development Levy (PDL) to settle loans owed to KCB Group and pay for fuel that was supplied by two oil firms, Dalbit and Gulf Energy.
The changes are contained in Supplementary Budget III, which saw the allocation of Fuel Stabilisation meant to finance private enterprises reduced by Sh3.38 billion from Sh21.95 billion to Sh18.57 billion.
