Why motorists failed to access diesel subsidy
Tuesday February 16 2021
By JOHN MUTUA
Summary
The Energy and Petroleum Regulatory Authority (Epra) said that the regulations to manage the subsidy were not yet ready despite the State having collected at least Sh10 billion from motorists since July.
During the Sunday review, diesel prices in Nairobi rose by Sh5.51 a litre to Sh101.91 the highest since February last year.
Petrol rose Sh8.09 to Sh115.18 per litre, the highest mark since July 2019, putting pressure on transport costs and inflation.
A legal hitch has denied motorists a fuel subsidy following the sharp rise in petrol and diesel costs despite the State collecting more than Sh10 billion from homes and business to stabilise prices.
National
January 19, 2021
ISLAMABAD: Amid the impending LNG availability crisis in February, 2021 on account of backing out by UAE based LNG supplier (ENOC) of its commitment to provide an LNG vessel next month, the top management of Jamshoro Joint Venture Limited (JJVL) has asked the Petroleum Division (PD) to comply with the ECC decision by letting its LPG extraction plant resume operation.
“Once JJVL’s LPG extraction plants comes on stream, it will start catering to the energy needs of over 750,000 homes across Pakistan. And this will also help contain the increasing LPG prices that have surged a lot mainly because of huge deficit of piped gas (local gas and RLNG) in the country,” unfolds the letter of JJVL written on Monday (January 18, 2021) to Special Assistant to PM on Petroleum Nadeem Babar.
National
January 19, 2021
ISLAMABAD: Amid the impending LNG availability crisis in February, 2021 on account of backing out by UAE based LNG supplier (ENOC) of its commitment to provide an LNG vessel next month, the top management of Jamshoro Joint Venture Limited (JJVL) has asked the Petroleum Division (PD) to comply with the ECC decision by letting its LPG extraction plant resume operation.
“Once JJVL’s LPG extraction plants comes on stream, it will start catering to the energy needs of over 750,000 homes across Pakistan. And this will also help contain the increasing LPG prices that have surged a lot mainly because of huge deficit of piped gas (local gas and RLNG) in the country,” unfolds the letter of JJVL written on Monday (January 18, 2021) to Special Assistant to PM on Petroleum Nadeem Babar.
Top Story
December 23, 2020
ISLAMABAD: Amid the increasing gas deficit in the country, LPG is also becoming pricier in all the four federating units, particularly in northern parts of the country.
However, after being given go-ahead by the ECC and ratification by the cabinet three months ago, the Jamshoro Joint Venture Limited (JJVL), an LPG extraction plant, has failed to resume operations, a senior official told The News. The JJVL with the capacity to produce 300-500 tons of LPG that accounts for 15 percent of total LPG supply in the country, is not operational since June 21, 2020 due to which the national kitty has suffered a loss of Rs 2.834 billion till November 30, 2020, the official told The News while quoting calculations on losses incurred by the SSGC due to the JJVL closure. “The LPG production by JJVL is enough to cater to energy needs of over 750,000 homes across Pakistan, the official said and added that with the closure of JJVL, 5,000 people have lost their jo