More fuel pain looms on revised Kenya Pipeline Company depot tariffs
Kenya Pipeline Company petroleum storage facility in Industrial area, Nairobi in this photo taken on January 22, 2021. The government has handed KPC a lifeline after approving an increase in depot tariffs of up to 34.5 per cent.
Epra raises charges for oil marketers evacuating consignment.
New charges are, however, lower than what the pipeline company pushed for.
The extra costs will be passed on to consumers through higher fuel prices at a time fuel prices remain high.
The government has handed the Kenya Pipeline Company (KPC) a lifeline after approving an increase in depot tariffs of up to 34.5 per cent in a move that will help the State-owned energy firm to collect more cash to splash on big-money projects.
The Energy and Petroleum Regulatory Authority (Epra) has raised the depot tariffs for oil marketers evacuating fuel from KPC’s Nairobi fuel depot to Sh2,526.6 per cubic metre until July next year from Sh2,074.5.
