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Revealed: How select oil importers shared more than Sh32 billion

MT Marlin Sardinia making her maiden call at the Port of Mombasa's Kipevu Oil Terminal (KOT II) in Mombasa County on Tuesday 18th June 2024. [Kelvin Karani, Standard]

The controversial Government-to-Government (G-to-G) fuel import deal, touted as a way to ease dollar liquidity and stabilise the shilling, has seen billions of shillings disbursed to a select group of oil marketers. 

Documents from the Ministry of Energy and Petroleum reveal that Sh32,882,923,423.85 has been paid to various importers under the Petroleum Development Levy (PDL) stabilisation programme for the financial years 2023/2024 and 2024/2025.

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