Rubis Energie Kenya, which recently acquired KenolKobil and Gulf Energy to push its Kenyan market share to 21 per cent, said it loses between Sh540 million to Sh1.1 billion annually.
However, illegal dealers in Industrial Area and Embakasi, Nairobi, and other towns still break the law despite the Energy and Petroleum Regulatory Authority crackdowns
Oil companies are raking in losses amounting to billions of shillings annually as unregulated gas filling stations continue to pop up across the country.
Rubis Energie Kenya, which recently acquired KenolKobil and Gulf Energy to push its Kenyan market share to 21 per cent, said it loses between Sh540 million to Sh1.1 billion annually.
