Kenya cracks down on fuel companies, confirms departure of Rubis’ CEO
AYENAT MERSIE KENYA'S energy minister threatened to reduce import quotas for oil companies that fail to sell their full allocation as the country grapples with a biting fuel shortage. The fuel crisis in Kenya is in its second week and has seen traffic in parts of the capital Nairobi come to a standstill as desperate motorists joined snaking queues outside petrol stations, blocking major roads. Government officials blame the shortage on oil marketing companies, accusing them of hoarding supplies ahead of a price hike, which comes into effect on Friday. Oil companies have pointed to subsidy arrears owed to them…
