TZ tycoon Awadh single biggest loser in gas spat

A Hashi petrol station in Nyeri town. FILE PHOTO | NMG

Tanzanian gas vendor Lake Gas jumped to the top of Kenya’s LPG market by the end of March but is now set to be the main loser after a ban on imports from the EAC country.

Latest data from the industry lobby Petroleum Institute of East Africa (PIEA) shows that by the end of the first quarter, Lake Oil Group had secured 23.5 per cent of the local LPG market, pushing it ahead of French giant Total that had a share of 19.7 per cent.

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