Fuel Crisis to End in 72 Hours, Says CS Juma

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Energy CS Monica Juma has assured Kenyans that the country has sufficient fuel stocks that could sustain the country till June.

Speaking at the Energy Ministry offices in Nairobi Thursday 14th April, Juma urged Kenyans not to panic over the fuel shortage being witnessed in the country.

“We have sufficient stock in our depots. The schedule for incoming products is uninterrupted. We have quantities that would last us to the end of June without issues. No cause of panic,” Juma said.

The CS said that some oil marketers have been hoarding their share of fuel speculating higher prices in Epra’s review.

“I confirm that hoarding is taking place. It is criminal and amounts to economic sabotage. We hope that the supply and demand will correct itself in the next 72 hours after fuel prices have been announced,” Juma said.

She blamed oil marketing companies (OMC) for the current shortage being experienced in the country.

“It’s regrettable that we’re in this situation which we had hoped would self-correct. Any entity that is not ready to work within the legal framework of Kenya should vacate the market immediately,” the CS said.

Juma, however, stated that the Ministry of Energy has already held several successful meetings with Oil Marketing Companies and traders to address any concerns and stress.

The post Fuel Crisis to End in 72 Hours, Says CS Juma appeared first on LitKenya.

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