Fuel Shortage: Govt Reveals Supply Details As Panic Spreads

The Government has assured Kenyans that there are adequate stocks of petroleum products in the country. Petroleum and Mining Principal Secretary (PS) Andrew Kamau says Kenya has adequate stocks of petrol, diesel and kerosene even as supply disruptions spread to more towns across the country, hitting the Kenyan capital over the weekend.

In a statement to newsrooms, the PS stated that the country has close to 81,000 cubic meters of petrol in stock and taking into account a daily uplift of 9.400 cubic meters of the commodity. This stock can last the country for nine days. But the situation on the ground is different, with most petrol stations in Nairobi and other towns rationing fuel with caps at Ksh1,000 per customer.

“The country equally has over 217, 000 cubic meters of diesel in stock and with a daily uplift of slightly above 10, 000 cubic meters, the stocks can last 22 days,” the Kamau, the PS, added. Kerosene is also well stocked and the country has 55, 000 cubic meters of the commodity which can last 17 days as the daily uplift stands at 3, 251.

The PS has also disclosed that in less than a month, an additional 351, 284 cubic meters of petrol and 310, 656 cubic meters of diesel are expected. “By the end of May, Kenya will be receiving 241, 868 cubic meters of petrol and 315, 738 cubic meters of diesel,” Kamau said.

See Also >> Three Long Term Stocks You Should Consider Buying

The PS’s sentiments come even as the Kenya Pipeline Company (KPC) also assured of sufficient stocks in all its depots across the country. KPC Managing Director, Dr Macharia Irungu, said there were enough stocks of petroleum products in the system throughout the country to meet the demand.

He noted that KPC’s current stock position in all its facilities as Saturday 2^nd April 2022 indicated that there are over 69 million litres of super petrol, more than 94 million litres of diesel, more than 13 million litres of kerosene and over 23 million litres of jet fuel available. “Our global stock holding is adequate to serve the region, with more ships in Mombasa queued for discharge,” Dr Irungu added.

The KPC boss assured Kenyans that the state agency continues to fulfill its mandate of consistently delivering safe and quality petroleum products to all its customers in Kenya and the regional markets.

Read >> Former CEO Hits At Safaricom’s Loans Services Fuliza and Mshwari

Crude prices globally have been on the increase following the Russia/Ukraine conflict. Rubis Energy Kenya, one of the big fuel marketers in Kenya, said on Sunday recent the escalation of international prices of petroleum products “is generating a very strong economic squeeze resulting in fuel supply constraints.”

It said in collaboration with the relevant authorities, Rubis Energy Kenya is making efforts to make this situation as short and as least restrictive as possible.

Next Read >> Kenya’s Mobius Drives Into Tanzanian Market