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A driver connects an oil-loading pump arm to a bottom loading valve on an oil transportation truck at the Nakuru Oil terminal. [File, Standard]
A recent increase in the pipeline tariff is expected to generate an additional Sh1 billion in revenues for the Kenya Pipeline Company (KPC) over the current financial year.
The Energy and Petroleum Regulatory Authority (Epra) raised the cost of transporting petroleum products through KPC's pipeline network this month. It is among the factors that have offset the effect of lower landed costs that would have led to a drop in retail fuel prices by a big margin.
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