Kenya is reviewing how banks will be confirming letters of credit issued in support of the government-to-government fuel deal with the Gulf after the country risked supply disruptions from a delay in discharging a product last week.
The Business Daily has learnt that there was a delay in discharging super petrol which arrived last week in what the Energy and Petroleum Regulatory Authority (Epra) has attributed to hitches in paperwork by the issuing and confirming banks.