Narok Senator Ledama Ole Kina has raised alarm over what he terms as possible manipulation in Kenya’s fuel pricing, despite the country having sufficient fuel supply.
In a strongly worded statement directed at President William Ruto, the senator questioned the role of the Energy and Petroleum Regulatory Authority (EPRA), accusing it of “playing games” in collaboration with a cartel within oil marketing companies.
Ole Kina, who sits on the Senate Energy Committee, stated that Kenya’s monthly consumption of Premium Motor Spirit (PMS) stands at approximately 180,000 metric tonnes.
“Mr. President,it is alarming that EPRA @EPRA_KE appears to be playing games in cohort with a cabal inside the OMC, even as we have more than enough fuel coming into the country,’Ole Kina said.
However, he revealed that under the Government-to-Government (G2G) fuel import arrangement, significantly higher volumes are currently being offloaded.
According to the senator, 36 metric tonnes have already been delivered, with an additional 180 metric tonnes expected in the coming weeks through shipments aboard vessels including Valory Roma, MT Banias, and MT Sinthia.
He noted that the fuel cargoes were sourced from Europe and the United States at an estimated cost of USD 84 per metric tonne.
The senator expressed concern that despite the apparent surplus in fuel supply and relatively low landing costs, fuel prices in Kenya have continued to rise.
He termed the situation as “systemic manipulation” rather than a genuine reflection of market dynamics.
