Costly fuel looms on push for bigger oil dealer profits

Pump attendant at the Rubis Petroleum Station along Koinange Street in Nairobi County serving a client on January 14, 2024.

Photo credit: File | Nation Media Group

Kenyans will pay an extra Sh4.45 per liter of fuel if a proposal in study commissioned by the energy regulator is adopted, triggering fears over pressure on cost of living measure.

The study by consultants, Kurrent Technologies and Channoil Consulting Ltd, is proposing an increase in margins offered to oil marketing companies be increased to Sh12.21 per liter from the current Sh8.19 per liter for retailers and the wholesale margin to be increased from Sh4.17 to Sh4.6.

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