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Kenya’s fuel costs may soar
wilyum
#1 Posted : Tuesday, June 18, 2013 10:49:44 AM
Rank: Veteran


Joined: 12/21/2011
Posts: 1,010
Meduza
#2 Posted : Tuesday, June 18, 2013 11:46:00 AM
Rank: Member


Joined: 2/7/2013
Posts: 447
Location: Nairobi
at the same time, Vivo is the same one that said that the fuel cost would go down by 9-10 bob. If the port is effective, then the imports need not incur the demmurages. If the vessel bringing in the Industry cargo/product is given priority then the demmurages will be less, and the final cost to the consumer will go down. Refinery is too old and they didnt upgrade as they had said. VIVO still owns a huge share in that refinery, so they had better look for money and pump in and upgrade to avoid the high losses that incur in it. and anyway why do you want to 'force'oil companies to refine in the refinery? They should bring in crude, refine it, and then sell out to whoever wants to buy from them not 'force'.
You cant win, unless you first begin....
jerry
#3 Posted : Tuesday, June 18, 2013 12:06:28 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Meduza wrote:
at the same time, Vivo is the same one that said that the fuel cost would go down by 9-10 bob. If the port is effective, then the imports need not incur the demmurages. If the vessel bringing in the Industry cargo/product is given priority then the demmurages will be less, and the final cost to the consumer will go down. Refinery is too old and they didnt upgrade as they had said. VIVO still owns a huge share in that refinery, so they had better look for money and pump in and upgrade to avoid the high losses that incur in it. and anyway why do you want to 'force'oil companies to refine in the refinery? They should bring in crude, refine it, and then sell out to whoever wants to buy from them not 'force'.

Sell KPRL to OMCs.
The opposite of courage is not cowardice, it's conformity.
Meduza
#4 Posted : Tuesday, June 18, 2013 2:52:26 PM
Rank: Member


Joined: 2/7/2013
Posts: 447
Location: Nairobi
jerry wrote:
Meduza wrote:
at the same time, Vivo is the same one that said that the fuel cost would go down by 9-10 bob. If the port is effective, then the imports need not incur the demmurages. If the vessel bringing in the Industry cargo/product is given priority then the demmurages will be less, and the final cost to the consumer will go down. Refinery is too old and they didnt upgrade as they had said. VIVO still owns a huge share in that refinery, so they had better look for money and pump in and upgrade to avoid the high losses that incur in it. and anyway why do you want to 'force'oil companies to refine in the refinery? They should bring in crude, refine it, and then sell out to whoever wants to buy from them not 'force'.

Sell KPRL to OMCs.


They can do that, but it need long talks and negotiations plus the govt also needs to input bucks too. The refinery needs billions to make it upgraded and running, and reduce the losses. Problem is the big OMCs(Vivo, Total, Gapco, KK etc) may try to use this to push out the smaller OMCs since they may not be able to contribute financially to the refinery purchase. Lets see how the new Secretary is going to handle this. if not soon the OMCs may take placards in the streets...'haki yetu'
You cant win, unless you first begin....
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