Fuel crisis: Kenya to fine dealers for hoarding

Fuel shortage in Kenya.

Motorists and boda boda riders wait for another fuel tanker to arrive on April 03, 2022 at one of the few petrol stations in Eldoret town, Uasin Gishu County, that had the precious commodity. PHOTO | JARED NYATAYA | NMG

Kenya will fine fuel marketers accused of hoarding petrol and diesel as it released Ksh8.2 billion ($71 million) subsidy arrears to petrol retailers to ease nationwide fuel shortage and forestall a crisis.

Petroleum Principal Secretary Andrew Kamau said on Monday that investigations into the shortage were being finalised, setting the stage for financial penalties and licence withdrawals.