Kenya is facing a fuel crisis as a result of government delays in subsidy payments.
This has impacted cash flow for several petroleum marketers, preventing them from purchasing additional equities.
This week, sections of the country, especially the North Rift, experienced a severe gasoline scarcity. The Energy and Petroleum Regulatory Authority (Epra) recognized the deficit but blamed it on supply problems without offering any remedies.
“The scarcity is the result of enormous logistical restrictions.” “As a result of these issues, independent petroleum dealers have ran out of petroleum inventories,” stated Epra in a statement.
“There are sufficient fuel supplies in the country, so there should be no cause for concern.”