Three Gulf oil giants earns Sh1.5trn in G-to-G fuel deal

Trade between Kenya and the UAE has more than doubled over the past decade.

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Three state-owned Gulf firms that import fuel to Kenya on credit earned Sh1.5 trillion in two years to May as Kenya renewed the contract beyond the 2027 elections.

Saudi Aramco, Emirates National Oil Co and Abu Dhabi National Oil Co will continue to supply gasoline, diesel, kerosene and jet fuel under a 180-day credit plan until early 2028, the Ministry of Energy and Petroleum says.

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