Treasury CS Mbadi assures Kenyans of adequate fuel stocks

Treasury Cabinet Secretary John Mbadi has assured Kenyans that fuel supplies are secure despite global price fluctuations. He stated Kenya holds 16 days of petrol, 19 days of diesel, and 49 days of kerosene, with 290,000 metric tonnes more arriving soon. Mbadi warned against panic buying and fuel hoarding.

Treasury Cabinet Secretary John Mbadi appeared before the National Assembly Finance Committee on April 2, 2026, assuring that fuel supplies remain secure. "We currently have 16 days of petrol, 19 days of diesel, and 49 days of kerosene in stock, with an additional 290,000 metric tonnes expected soon," he said.

The government is working to stabilise fuel prices amid disruptions from the Middle East conflict, which has driven up global pump prices. "We are working to stabilise prices so they don't hit the economy. From the indications, we may not have supply disruption," Mbadi stated.

Mbadi warned fuel stations against hoarding amid speculation of price hikes. "The prices may not go where they think or imagine. Even if it is going to increase, we will use our mechanisms to stabilise that price, no need to speculate, we are in charge," he added. He advised motorists against unnecessarily filling full tanks, noting they would last only about a week.

Reports on April 1 claimed the Energy and Petroleum Regulation Authority (EPRA) had raised pump prices, but EPRA clarified the document was fake. EPRA announces maximum retail prices only on the 14th of each month. President William Ruto has also assured Kenyans of the country's preparedness against any fuel shortage threats.

Mga Kaugnay na Artikulo

Energy CS Opiyo Wandayi assures Kenyans of secure fuel supplies after containing Ksh4B substandard fuel scandal.
Larawang ginawa ng AI

Energy CS Wandayi: Substandard fuel threat contained after Ksh4B scandal

Iniulat ng AI Larawang ginawa ng AI

Energy and Petroleum Cabinet Secretary Opiyo Wandayi has assured Kenyans that the threat of substandard fuel from the ongoing Ksh4 billion procurement scandal has been contained, with supplies secure. This follows the arrests and resignations of four senior officials last week and the halting of a second suspicious shipment. EPRA has appointed Joseph Oketch as acting Director General.

Maaaring tumagal hanggang pangalawang linggo ng Mayo ang suplay ng fuel sa Pilipinas kasama ang darating na isang milyong barrels, ayon sa Department of Energy. Sinabi ni Energy Secretary Sharon Garin na nasa 45 araw ang average na suplay noong Marso 20, na bumaba mula sa 55-57 araw noong simula ng digmaan sa Middle East.

Iniulat ng AI

President William Ruto has announced government measures to protect Kenyans from the impact of the Middle East conflict on fuel supplies. He highlighted a government-to-government fuel procurement deal cushioning price shocks and sufficient fertiliser stocks through September. He also pointed to growth in the tea sector and port activities.

The Department of Energy stated that March 9 is the final day for capped fuel prices, with adjustments taking effect on March 10. Several gas stations reported supply shortages from the rush of customers. This occurs amid global oil price hikes due to escalating Middle East conflicts.

Iniulat ng AI

Kenya's foreign exchange reserves dropped by Ksh 47.5 billion to USD 13.656 billion, providing 5.8 months of import cover, the Central Bank of Kenya announced. The decline comes amid export disruptions from the Iran war and looming fuel shortages. Officials say the reserves still meet statutory requirements.

Following US and Israeli attacks on Iran last week, Iran has closed the Strait of Hormuz on March 1, 2026, surging global oil prices and threatening fuel costs in Kenya just before the Energy and Petroleum Regulatory Authority (EPRA) review on March 14.

Iniulat ng AI

Umabot sa 425 ang gasolinahan na pansamantalang sarado sa buong Pilipinas noong Marso 27 dahil sa krisis sa gasolina na dulot ng digmaan sa Iran, ayon sa Philippine National Police. Pinakamataas ang bilang sa Cordillera Administrative Region na may 79, habang nagdeklara ng national energy emergency si Pangulong Ferdinand Marcos Jr.

 

 

 

Gumagamit ng cookies ang website na ito

Gumagamit kami ng cookies para sa analytics upang mapabuti ang aming site. Basahin ang aming patakaran sa privacy para sa higit pang impormasyon.
Tanggihan