Ledama Ole Kina has raised fresh concerns over how fuel prices are determined in Kenya, despite a recent reduction announced by the Energy and Petroleum Regulatory Authority.
In a statement addressed to William Ruto, the Narok senator questioned the logic behind price movements, arguing that prevailing costs do not reflect the country’s current fuel supply situation.
He alleged that the regulator, working alongside certain players within Oil Marketing Companies (OMCs), could be influencing pump prices in a manner that does not align with market fundamentals.
“Mr President, it is alarming that EPRA appears to be playing games in cohort with a cabal inside the OMC, even as we have more than enough fuel coming into the country,” he stated.
Ole Kina pointed out that Kenya’s monthly consumption of petrol stands at roughly 180,000 metric tonnes, yet recent and incoming shipments appear to exceed this demand. According to him, about 36,000 metric tonnes have already been discharged, with a further 180,000 metric tonnes expected to arrive at the Port of Mombasa within the next two weeks.
He argued that with such supply levels coupled with relatively stable landed costs consumers should not be facing pricing inconsistencies.
“The public deserves a clear explanation of why prices are rising when stocks are more than adequate and the landed cost of fuel remains relatively low,” he added.
Ole Kina, who sits on the Senate Energy Committee, is now calling for direct intervention from the presidency, insisting that transparency is needed to restore public confidence in the pricing mechanism.
