Energy and Petroleum Cabinet Secretary Opiyo Wandayi has announced that the government has maintained fuel supply stability ahead of the monthly price review by the Energy and Petroleum Regulatory Authority (EPRA).

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In a statement on Wednesday, June 10, four days before the review, Wandayi said adequate stocks have been secured to support uninterrupted distribution in the country.

According to Wandayi, stability has been maintained through deliberate, ongoing interventions aimed at preventing shortages and ensuring the continuity of importation and distribution of petroleum products.

"Kenya has maintained a fairly stable position, with decisive steps to ensure an adequate and uninterrupted supply of petroleum products taken from time to time," Wandayi stated.

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"Fuel deliveries have already been secured through the end of July this year, thus ensuring an uninterrupted supply and shielding Kenyans from the shortages and disruptions experienced elsewhere," he added.

According to the CS, fuel deliveries have already been secured through the end of July, a move that he says will shield the country from supply disruptions experienced in other markets affected by global energy volatility.

The secured shipments noted by the CS are expected to guarantee steady fuel availability across the country in the short term, particularly as EPRA prepares for its next monthly price review .

Ultimately, Wandayi stated that EPRA will reduce diesel prices for the June-July cycle.

He said the planned adjustment is part of wider efforts to cushion consumers and businesses from high energy costs while maintaining stability in the petroleum sector amid global market uncertainty.

"In line with the commitment made by His Excellency the President to the public transport sector and other industry players, the government will ensure further reduction in diesel prices in the next monthly review,” Wandayi said.

📰 Source: Kenyans.co.ke