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Govt Bows to Pressure in Fuel Prices Row After Uproar

Govt Bows to Pressure in Fuel Prices Row After Uproar
kenyans.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kenyans.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi Area , John Musonik , Senate Committee Of Energy On , Petroleum Development Fund , Senate Committee , Petroleum Chief Administrative Secretary , Super Petrol , Nairobi Petrol Station , நைரோபி பரப்பளவு , பெட்ரோலியம் வளர்ச்சி நிதி , செனட் குழு , அருமை பெட்ரோல் ,

Kenya to retain monthly fuel subsidy

Kenya to retain monthly fuel subsidy
Summary
The scheme is meant to be activated whenever global oil prices go beyond the $50 (Sh5, 486) per barrel mark.
The subsidy is drawn from billions of shillings raised from fuel consumers through the petroleum development levy.
Friday July 30 2021
By JOHN MUTUA
Summary
The scheme is meant to be activated whenever global oil prices go beyond the $50 (Sh5, 486) per barrel mark.
The subsidy is drawn from billions of shillings raised from fuel consumers through the petroleum development levy.
Motorists will be spared the pain of rising crude oil costs after the State opted to retain subsidies on fuel prices to defuse outrage by Kenyans already squeezed by the high cost of living. ....

Nairobi Area , John Musonik , Senate Committee On Energy , Petroleum Regulatory Authority Epra , Petroleum Development Fund , Parliament Thursday , Senate Committee , Petroleum Regulatory Authority , நைரோபி பரப்பளவு , செனட் குழு ஆன் ஆற்றல் , பெட்ரோலியம் வளர்ச்சி நிதி , பாராளுமன்றம் வியாழன் , செனட் குழு , பெட்ரோலியம் ஒழுங்குமுறை அதிகாரம் ,

State dilemma deepens on global oil price rally

State dilemma deepens on global oil price rally
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Daniel Kiptoo , Stephen Mutoro , Ephraim Maina , Senate Committee On Energy , Petroleum Development Levy , Senate On Energy , Petroleum Consolidated Fund , Consumers Federation Of Kenya , Petroleum Cabinet , Petroleum Regulatory Authority Epra , Petroleum Regulatory Levy , Petroleum Development Fund , Railway Development Levy , Petroleum Regulatory Authority , Cabinet Secretary John Munyes , Excise Duty Tax , Railway Development , Shipping Levy , Import Declaration Fee Levy , Value Added Tax Anti Adulteration , Senate Committee , Petroleum Act , Consumers Federation , எஃப்ரைம் மைனா , செனட் குழு ஆன் ஆற்றல் , பெட்ரோலியம் வளர்ச்சி வசூல் செய்தல் ,

Review fuel caps formula

Review fuel caps formula
By BUSINESS DAILY
Summary
The revelation that the Treasury compensated oil dealers Sh1.05 billion from the Petroleum Development Fund is worrying since its regulations are not ready.
The State promised to pay the marketers to keep fuel prices unchanged in the monthly review to stem possible outrage.
The revelation that the Treasury compensated oil dealers Sh1.05 billion from the Petroleum Development Fund is worrying since its regulations are not ready.
The State promised to pay the marketers to keep fuel prices unchanged in the monthly review to stem possible outrage.
While there is a need to cushion the public from exorbitant fuel prices without causing financial distress to marketers, the State cannot manipulate prices every time there is an increase in global prices. ....

Petroleum Development Fund , பெட்ரோலியம் வளர்ச்சி நிதி ,

Oil dealers get Sh1bn for frozen fuel prices

Oil dealers get Sh1bn for frozen fuel prices
Tuesday May 25 2021
By JOHN MUTUA
Summary
Oil marketers got Sh1.075 billion from the Treasury as compensation for keeping fuel prices unchanged and defuse public outrage.
The Treasury gave the marketers about Sh880 million after the energy regulator opted to cut suppliers’ sales margin by up to 35 percent or Sh4.44 a litre to keep fuel prices unchanged.
Oil marketers got Sh1.075 billion from the Treasury as compensation for keeping fuel prices unchanged and defuse public outrage over a monthly review that would have pushed costs to a historic high.
The Treasury gave the marketers about Sh880 million after the energy regulator opted to cut suppliers’ sales margin by up to 35 percent or Sh4.44 a litre to keep fuel prices unchanged in the month to May 14. ....

International Monetary Fund , Petroleum Regulatory Authority Epra , Petroleum Development Fund , National Intelligence Service , Petroleum Development Levy , State House , Petroleum Regulatory Authority , சர்வதேச பண நிதி , பெட்ரோலியம் வளர்ச்சி நிதி , தேசிய உளவுத்துறை சேவை , பெட்ரோலியம் வளர்ச்சி வசூல் செய்தல் , நிலை வீடு , பெட்ரோலியம் ஒழுங்குமுறை அதிகாரம் ,