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.

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Energy CS Opiyo Wandayi assures Kenyans of secure fuel supplies after containing Ksh4B substandard fuel scandal.
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Energy CS Wandayi: Substandard fuel threat contained after Ksh4B scandal

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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.

Philippine fuel supply may last until the second week of May with one million barrels expected soon, according to the Department of Energy. Energy Secretary Sharon Garin said the average supply stood at 45 days as of March 20, down from 55-57 days when the Middle East war began nearly a month ago.

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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.

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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.

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A total of 425 out of 14,485 gas stations nationwide were temporarily closed as of March 27 due to the fuel crisis triggered by the Iran war, according to the Philippine National Police. The Cordillera Administrative Region recorded the highest number at 79, while President Ferdinand Marcos Jr. declared a national energy emergency.

 

 

 

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