Why opposition has reignited debate on Sh200bn Saudi oil deal
Kenya paid over Sh210 billion to three Gulf companies under a G2G import credit scheme.
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Kenya paid over Sh210 billion to three Gulf companies under a G2G import credit scheme.
Adnoc: At present, crude oil, which is the raw material for producing fuels like petrol and diesel, is not allowed to be exported except through the state-owned Indian Oil Corporation (IOC).
In an order, the ministry said the condition of export being allowed only through IOC will continue, but "AMI (Adnoc Marketing International (India) RSC Limited India) is exempted from STE conditions and is allowed to re-export crude oil from their commercial stockpile at Mangalore strategic petroleum reserve, at their own cost".
In an order, the ministry said the condition of export being allowed only through IOC will continue, but "AMI (Adnoc Marketing International (India) RSC Limited India) is exempted from STE conditions and is allowed to re-export crude oil from their commercial stockpile at Mangalore strategic petroleum reserve, at their own cost".
Talks between BP and ADNOC over purchasing a stake in Israeli energy giant NewMed have been suspended due to the war in Gaza.