The Kenya Government has assured the country that there are adequate fuel stocks to take care of supply during the long weekend.
In a statement on Twitter, the Kenya Pipeline Corporation(KPC) said it has enough diesel and petrol stocks.
“This spike in demand for petroleum in Western Kenya is driven by transit customers preferring to fuel in Kenya owing to price differential with neighbouring countries,” said the Ministry.
Kenya’s Petroleum Ministry has attributed the ongoing fuel shortages in Western Kenya to price differentials with neighbouring countries.
In consultation with all oil marketing companies, the Ministry has directed that all pumpable petroleum stock within the Kenya Pipeline Corporation(KPC) system adhere to the 60: 40 local to transit ratio. Thus oil markets with higher transit stocks than the prescribed ratio must immediately localize the excess inventories.
The Ministry has also directed that the whole parcel of Super Petrol aboard MT Campo Square, estimated at 133.509 million litres, will be dedicated to the local market. This vessel is expected to berth on 30th April 2022.
It has also directed that the whole parcel of diesel aboard MT Elka Athina, estimated at 104.748 million litres, be channelled to the local market. This vessel is expected to berth on 12th May 2022.
The Government has directed that a dedicated volume from the discharge of MT Campo Square and MT Elka Athina be set aside for non-franchised or independent petroleum retail pump stations.
The Ministry has reassured the country that as of 27th April 2022, the local petroleum stock at KPC indicated 17 days or 97,367,000 litres for Super Petrol and 12 days for diesel, equivalent to 77,810,000 litres.
KPC said it will continue its petroleum loading operations throughout the oncoming loan weekend and does not foresee a challenge or interrupted supply.
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