Kenya Pipeline Company (KPC) is losing an estimated Sh600 million annually to fuel theft along its network from the Mombasa port, highlighting the impact of the vice on its profitability.
Disclosures by the National Assembly Committee on Energy show that KPC loses 0.04 percent of the fuel throughput annually or 3.2 million litres. This is, however, lower than the 0.25 percent rate of loss the energy regulator allows.
