The government has paid oil marketers Sh8 billion for stabilisation of pump prices in a move that will lift cash flows of the firms which have been grappling with delayed compensation.
Petroleum Principal Secretary Andrew Kamau told the Business Daily Friday that Treasury released Sh6.7 billion last week, adding to Sh1.27 billion that was in the fuel subsidy kitty to pay for the November-December and December-January pricing cycles.
