Treasury owes oil marketers Sh39 billion in subsidy cash

Trucks transporting fuel wait for their turn to be transshipped accross Likoni ferry channel to the mainland Likoni. PHOTO | LABAN WALLOGA | NMG

The State owes oil dealers Sh39.56 billion for keeping pump prices unchanged since June, according to documents seen by the Business Daily.

The oil marketers are claiming the largest amount for diesel sales at Sh25.28 billion while that for super is Sh12.9 billion and kerosene at Sh1.46 billion.

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Note: The results are not exact but very close to the actual.