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Suspect deal leads to petrol hike

16 October 2012, 09:53

Nairobi - A flawed tendering process which led to overpricing of freight charges could have led to Kenyans paying a higher price for their petrol, Daily Nation reports.

While the industry average for importation of crude oil has been $0.90 per barrel, the winners of the September tender charged $3.126 and $2.83 per barrel.

It is only after protest by industry players that the ministry hastily cancelled the tender awarded to Essar Energy and Gulf Energy Ltd. 

- For more visit Daily Nation


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