Nock Ups Petrol Stations to Stabilise Fuel Costs
Tuesday, April 29th, 2008The Government owned National Oil Corporation of Kenya says it is to step up its expansion programme by acquiring more pump stations across the country.
Having the national oil company play a major role in the retail end will stabilise pump prices, said deputy managing director Sumayya Hassan-Athmani.
Pump prices have been hovering around the Sh100 mark within Nairobi’s Central Business District since the beginning of last week.
The oil marketer, which also doubles up as marketing agent for exploration blocks, has already acquired 34 fuel stations up from six stations it owned two years ago. The stations are spread across the country.
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