A combination of the arrears and costly fuel in the wake of the US-Israel war on Iran made it difficult to lift sufficient volumes of fuel.
By
John Mutua
Business Reporter
Nation Media Group
The State paid oil marketers Sh7.9 billion for the fuel subsidy scheme last month, helping ease cash flow woes that had hit the industry amid high operational costs.
Relief for Tanzanians as petrol falls below Sh4,000 per litre for first time in three months
Government defends Swiss fuel deal as opposition claims it cost Tanzanians Sh2.16 trillion in losses
Oil firms lost Rs 74,781 crore from April to June amid US-Iran war: Hardeep Puri
Lokpobiri Summons Oil Industry Stakeholders, Insists on Fair Petrol Pricing
Nayara vs public fuel retailers: City-wise comparison of petrol and diesel prices after latest cut
The State's latest intervention to cushion motorists from high fuel prices comes as oil marketers await payment of billions of…
The government owed the petroleum sector players more than Sh20 billion, with the bulk of the money at Sh13.74 billion incurred…
This follows the reduction of VAT on fuel from 16 per cent to eight per cent as part of measures aimed at cushioning consumers…
The government provided Rs 1.23 lakh crore to oil marketing companies to help keep petrol and diesel prices unchanged for 78 days…
Authorities are benefiting from a drop in global crude oil prices by collecting levies from diesel and gasohol users through the…
KUALA LUMPUR, June 9 — Malaysia’s monthly fuel subsidy bill surged to as high as RM7.5 billion in April amid rising global oil…
