EPRA acting DG Engineer Joseph Okech, speaking to the press at a Garissa hotel recently.The state says it has released over Sh6 billion to oil marketers for last month’s pump price stabilisation ahead of today’s monthly review of fuel prices.
According to marketers, the price of super petrol is likely to shoot up in today’s review when factoring in the cost incurred by importers, unless the state intervenes with another subsidy to cushion motorists.
If the state invokes the subsidy, motorists will be spared the pain at the pump.
Yesterday, the Energy and Petroleum Regulatory Authority (EPRA) wrote to the ministry providing a breakdown of how the subsidy will be shared among oil marketers and three importers under the Government-to-Government (G-to-G) arrangement.
“The EPRA has tabulated the volume of petroleum products that was factored in the computation of pump prices for the period April 15, 2026 – May 14, 2026,” EPRA’s letter dated May 13 and addressed to Energy and Petroleum CS Opiyo Wandayi reads.
The energy regulator says that in the cycle under review, the price of Super Petrol (PMS), Diesel (AGO) and Illuminating Kerosene (IK) was subsidised by Sh4.68 per litre, Sh23.92 per litre and Sh96.56 per litre, respectively.
“The total amount to be paid on account of Super Petrol, Diesel, and Illuminating Kerosene is Sh951,269,165.19, Sh4,872,976,211.54 and Sh199,738,222.40, respectively,” EPRA Acting Director General Dr (Eng.) Joseph Oketch states.
Eng. Oketch’s letter to Wandayi adds: “In addition, EPRA has provided a breakdown of the amounts due to each importer and each Oil Marketing Company for purposes of stabilisation of pump prices for Super Petrol (PMS), Diesel (AGO) and Illuminating Kerosene (IK) for the April 15, 2026 – May 14, 2026 pricing cycle.”
The letter comes at a time when oil dealers were complaining about delays by the state in reimbursing them, just a day before the fresh review.
According to EPRA’s breakdown, Be Energy Ltd is owed Sh1,863,346,519.84, while Gulf Energy is owed Sh1,883,666,369.29, and One Petroleum Ltd takes Sh2,295,487,536.16, bringing the total for the three importers to Sh6,042,500,425.29.
When further broken down on what is due to oil marketers, Vivo Energy and TotalEnergies took the lion’s share at Sh1,474,675,039.02 and Sh737,575,424.40, respectively.
Rubis Energy received Sh534,756,904.50, Galana Energies Sh328,977,261.27, OLA Sh223,268,906.82, Dalbit Sh176,969,581.11, Petro Sh165,898,861.39, Vitalac International Sh149,953,749.54, Lake Oil Sh129,124,187.33, Hass Petroleum Sh124,634,507.33, One Petroleum Sh123,114,641.30, Tosha Sh104,261,971.06, and Be Energy Sh100,744,617.70.
Other major earners include Oryx Energies at Sh98,354,965.10, Kengas at Sh92,825,165.48, Aftah Petroleum at Sh90,091,305.45, Stabex International at Sh87,951,902.08, Fossil at Sh84,679,496.59, Gapco at Sh81,639,331.63, Astrol at Sh78,826,184.65, Luqman at Sh61,116,417.65 and Gulf Energy Holdings at Sh54,677,949.13.
