Oil majors fuel pricing denies small firms margins

Daniel Kiptoo Epra

Energy and Petroleum Regulatory Authority (Epra) Director-General Daniel Kiptoo. FILE PHOTO | NMG

Photo credit: Jeff Angote | Nation Media Group

Oil majors are selling fuel to small dealers at retail prices denying them margins and partly contributing to the current supply woes in several parts of rural Kenya.

Energy and Petroleum Regulatory Authority (Epra) Director-General Daniel Kiptoo said that oil majors are not reselling the commodity at wholesale prices due to uncertainty on compensation from the State.

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