Nock exclusion from Gulf oil deal angers legislators
Energy and Petroleum Cabinet Secretary Davis Chirchir addresses participants at the Seventh Minigrids Action Learning Event at Safari Park Hotel in Nairobi last month.
MPs have protested at the exclusion of the State-owned National Oil Corporation of Kenya (Nock) from a multibillion-dollar deal to buy oil from gulf states, even as the first consignment is expected to arrive in the country next month.
Reacting to the uproar, Energy and Petroleum Cabinet Secretary Davis Chirchir explained that Nock is cash-strapped and indebted to the tune of Sh8 billion. He added that the entities awarded the lucrative contract had refused to deal with Nock.
