Kenya Extends Fuel-Supply Deal With Gulf Oil Firms Through 2024
- Saudi Aramco, Emirates and Abu Dhabi oil companies involved
- First $82 million due Sept. 25, $405 million due end of Oct.
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Kenya extended by one year a deal to purchase fuel on credit directly from three state-owned Gulf firms.
Saudi Aramco, Emirates National Oil Co. and Abu Dhabi National Oil Co. will continue to supply Kenya with gasoline, diesel, kerosene and jet fuel until the end of December 2024, Energy and Petroleum Regulatory Authority Director-General Daniel Kiptoo said in an interview in the capital, Nairobi, on Monday. The three companies first won tenders for the contracts in March.