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NAIROBI, Kenya April 28-The Ministry of Energy has directed Oil Marketing Companies(OMCs) with higher transit stocks than the prescribed ratio to localize Kenya breaking news | Kenya news today |
Four oil marketers on the spot over erratic supplies
In an effort to avert another fuel crisis, the government yesterday forced 60 oil marketing companies to make the commodity available locally.
The former Prime Minister owned a Ksh12,000 car when he started his company.
IFC is set to lend $14.2 million (Sh1.5 billion) to Lexo Energy Mauritius to expand its oil marketing business in Kenya and Tanzania.