WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2010-11-30 Time: 07:00:05 Posted By: News Poster
By Justus Ondari
Nairobi – Consumers will this week access the fuel just imported by the National Oil Corporation of Kenya.
The company defended the cost of procuring the fuel as “competitive.”
The vessel, which arrived in Mombasa on November 20 with 25,000 tones of low sulphur diesel the state-owned firm is importing through the 30 per cent quota, finished discharging the cargo on Monday.
“The product will be in the market before the end of this week,” said Ms Sumayya Athmani, the acting managing director of National Oil.
It comes in the wake of public pressure on marketers to reduce prices and the government’s plan to start regulating the cost of petroleum products following a recent increase in pump prices.
Although this has seen a drop in pump prices like KenolKobil’s lowering their pump prices to 98 per litre, National Oil is promising its consumers an early Christmas.
“Even if our customers enjoy an up to Sh5 lower pump price compared to other marketers, our prices for diesel fuel will still reduce further once the diesel reaches our outlets,” she said.
She downplayed the fears in the market that the overall cost of the consignment may lead to an increase in the retail prices instead of cooling them in line with the government’s objectives.
Consumer fears have been fuelled by some costs of the consignment. For instance, National Oil consignment’s freight and premium of Sh2,784 ($34.81) per ton is higher than the Sh1,656 ($20.70) per ton on the open tender system (OTS) cargo that arrived a few days earlier.
She said cost difference between the OTS diesel cargo, which translates to Sh 52.76 per litre against National Oil’s Sh53.19 of 44 cents, is negligible despite the OTS enjoying economies of scale. The open tender system cargo was for 76,000 tonnes.
“We have delivered it (consignment) at a price much more competitive than the private imports, that have been delivered at an average freight and premium of between Sh3,200-Sh4,000 ($40-$50) per metric tonne,” she said.
The quantities previously imported under private imports are comparative to the 30 per cent National Oil quota, which the Energy Ministry directed it to start importing in June this year.
Original Source: 
Original date published: 29 November 2010
Source: http://allafrica.com/stories/201011300120.html?viewall=1