Independent fuel dealers threaten shutdown over wholesale price dispute
Originally published by Kahawatungu — Read the original article →
Independent petroleum dealers across Kenya have threatened to suspend operations over alleged breaches of regulated wholesale fuel prices by oil marketing companies (OMCs), raising concerns over potential shortages at petrol stations nationwide.
In a joint statement issued on Tuesday, the Petroleum Outlets Association of Kenya (POAK) and the Kenya Independent Petroleum Dealers Association (KIPEDA) accused OMCs of selling petroleum products to independent dealers above the maximum wholesale prices gazetted by the Energy and Petroleum Regulatory Authority (EPRA).
The associations said the dispute began on October 15, a day after EPRA announced the maximum retail and wholesale prices for the October-November pricing cycle.