National Oil rescue deal with Rubis delays to August

National Oil Corporation of Kenya

A signpost at a petrol station branded by the National Oil Corporation. 

Photo credit: File | Nation Media Group

Delays on the proposed five-year deal between cash-strapped National Oil Corporation (Noc) and Rubis could extend to August, amid government red tape in approving the agreement.

Energy and Petroleum CS Opiyo Wandayi yesterday said that ‘government procedures’ are behind the delay, even after the Competition Authority of Kenya (CAK) okayed the deal.

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