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{
    "id": 1116845,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1116845/?format=api",
    "text_counter": 217,
    "type": "speech",
    "speaker_name": "Navakholo, JP",
    "speaker_title": "Hon. Emmanuel Wangwe",
    "speaker": {
        "id": 2543,
        "legal_name": "Emmanuel Wangwe",
        "slug": "emmanuel-wangwe"
    },
    "content": " Thank you, Hon. Speaker. I had seconded the Motion. I appreciate the Departmental Committee on Finance and National Planning. It has really dissected the entire petroleum stream, from upstream to downstream. I appreciate that in this Report, the Committee is addressing the issues of demurrage and procurement. If the House approves this Report, we will look at the margins which are referred to as the premium in the costing report. If we can handle that as detailed in the Report, we will definitely cure the escalating prices The downstream perspective of the Report looks at the issues of pricing at the pump as enumerated in the Report. On the issue of the Kshs12 per litre as the margin that we give to dealers, the Committee recommends that we reduce it from Ksh12 to Ksh9, a downward shift of Ksh3 per litre, which I still feel is important. It will cushion our people from suffering and that is the way to go. Let us all approve this Report so that our people can enjoy that price reduction. In the Report, the Committee has looked at the efficiency of the Port of Mombasa. There is also the comparison between the Kipevu Oil Terminal (KOT) vis-a-vis how the offloading is done in Mombasa. If we go as per the recommendation to perfect the Kipevu Oil Terminal, we will definitely be efficient and not have to incur the demurrage cost and load it onto the pricing. In the same Report, the Committee recommends that we look at the demurrage on the side, not as it is being done today where it is loaded onto the costing. If we adopt that, the price will definitely go down. On the issue of taxes on LPG, looking at the reduction from 16 per cent to 8 per cent that the Committee is proposing, the only way we can be fair to Kenyans is to reduce the price and make LPG available. As stated in the Report, let us lower the price of LPG by reducing that 16 per cent to 8 per cent. I submit and second the Report."
}