Fuel crisis to end Wednesday

The Government now says the current fuel crisis being experienced in the country will end by Wednesday this week.

Petroleum and Mining Principal Secretary Andrew Kamau told a local radio station this morning that the government will release 13 billion shillings owed to oil marketers. The PS attributed the fuel shortage to the delay in the subsidy payout which led to oil marketers running out of cash flow, a situation that curtailed the supply and distribution of fuel across the country.

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The Energy and Petroleum Regulatory Authority EPRA) in a previous statement, attributed the shortage to the delay in compensating margins to Oil marketing companies, which led to hoarding of the commodity. Long queues have been witnessed at various filling stations in the country with some stations retailing the precious commodity at hiked prices.

  

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