Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi


View: https://youtu.be/LLSwK6CulYw?si=LRlzacvxhpq6YWOU


The North Africa Post

Home International Africa

Uganda-Kenya fall-out over secret fuel Gulf deal: Uganda to cut fuel imports from Kenya

North Africa Post November 5, 2023 12:17 pm

Uganda’s government has passed a bill for the Uganda National Oil Business (UNOC), a state-owned oil business, to domestically buy and supply oil, thus ending its dependence on neighboring Kenya for its oil needs, thus taking its fate into its own hands.

The bill is meant to terminate the present method of importing oil through Kenyan wholesalers but it is still pending an approval by the parliament. According to Energy Minister Ruth Nankabirwa, the goal of this new initiative is to “improve the security of supply of petroleum products to the country.” The minister disparaged the current agreement with Kenya, stating that “it exposed Uganda to occasional supply vulnerabilities, Ugandan oil marketing companies being considered secondary whenever there were supply disruptions,” which hiked fuel prices in Uganda.

Kenya’s Mombasa port handles over 90% of fuel imports of Uganda, a landlocked nation, while Tanzania’s Dar es Salaam port currently receives the remaining gasoline imports from Uganda, Nankabirwa noted.


This latest development comes on the heels of the signing of an agreement between Uganda and Vitol Bahrain EC, a Bahraini energy business, whereby the Bahraini company would fund the Uganda National Oil business’s efforts to procure and supply oil. Meanwhile, Ugandan officials have reportedly expressed dismay over Kenya’s undisclosed government-to-government fuel deal between East African country and two Gulf nations.

This has led to a major fallout between Kampala and Nairobi over the decision to dump Kenya’s oil marketers in favor of its own state oil marketers UNOC, which will now be supplied directly from Vitol Bahrain.

This falling out also threatens to seep into dollar exchange between the two countries at a time when the country desperately needs the greenback to pay for fuel imports.

Uganda-Kenya fall-out over secret fuel Gulf deal: Uganda to cut fuel imports from Kenya – The North Africa Post

northafricapost.com northafricapost.com
 
Geza Ulole said:
The North Africa Post

Home International Africa
Uganda-Kenya fall-out over secret fuel Gulf deal: Uganda to cut fuel imports from Kenya

Uganda-Kenya fall-out over secret fuel Gulf deal: Uganda to cut fuel imports from Kenya

North Africa Post November 5, 2023 12:17 pm

Uganda’s government has passed a bill for the Uganda National Oil Business (UNOC), a state-owned oil business, to domestically buy and supply oil, thus ending its dependence on neighboring Kenya for its oil needs, thus taking its fate into its own hands.

The bill is meant to terminate the present method of importing oil through Kenyan wholesalers but it is still pending an approval by the parliament. According to Energy Minister Ruth Nankabirwa, the goal of this new initiative is to “improve the security of supply of petroleum products to the country.” The minister disparaged the current agreement with Kenya, stating that “it exposed Uganda to occasional supply vulnerabilities, Ugandan oil marketing companies being considered secondary whenever there were supply disruptions,” which hiked fuel prices in Uganda.

Kenya’s Mombasa port handles over 90% of fuel imports of Uganda, a landlocked nation, while Tanzania’s Dar es Salaam port currently receives the remaining gasoline imports from Uganda, Nankabirwa noted.


This latest development comes on the heels of the signing of an agreement between Uganda and Vitol Bahrain EC, a Bahraini energy business, whereby the Bahraini company would fund the Uganda National Oil business’s efforts to procure and supply oil. Meanwhile, Ugandan officials have reportedly expressed dismay over Kenya’s undisclosed government-to-government fuel deal between East African country and two Gulf nations.

This has led to a major fallout between Kampala and Nairobi over the decision to dump Kenya’s oil marketers in favor of its own state oil marketers UNOC, which will now be supplied directly from Vitol Bahrain.

This falling out also threatens to seep into dollar exchange between the two countries at a time when the country desperately needs the greenback to pay for fuel imports.

Uganda-Kenya fall-out over secret fuel Gulf deal: Uganda to cut fuel imports from Kenya – The North Africa Post

northafricapost.com northafricapost.com
Click to expand...
Failed state 😂😂
 
ChoiceVariable said:
Mchina aichukue haraka sana aifanye SGR,hakuna sababu ya serikali kuikumbatia wawape hao private sector so long as itaongeza efficient kwenye Bandari ya Dar.

Maana bila kufanya hivi tutapata ushindani mkubwa kutoka Nacala na Beira Ports zote ziko kwenye uwekezaji mkubwa Sasa hivi

View: https://twitter.com/TheAfricaReport/status/1720563001017635329?t=ovDBDvSezd0L3AXwpYFheA&s=19
Click to expand...

Wachina wapo siku zote Tazara ndio maana kwenye mkataba wowote kuhusu Tazara lazima washirikishwe.Kimsingi Tazara ni changamoto kidogo hatuna monopoly ya kuamua juu ya kuiendesha tunavyotaka bila kushirikisha Zambia na wachina
 
Serengeti ni brand kubwa sana, SA wana wild parks kibao sijui nini kimewafanya watumie jina letu ila uzuri wameisifia

Screenshot_20231106-055135.jpg
 
You must log in or register to reply here.

Similar Discussions

Our Community

Coming Soon

Regional Communities

Coming Soon
Back
Top Bottom
Menu
Forums
New posts
Log in
Register