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"id": 1236965,
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"type": "speech",
"speaker_name": "Hon. Musalia Mudavadi",
"speaker_title": "The Prime Cabinet Secretary",
"speaker": {
"id": 84,
"legal_name": "Wycliffe Musalia Mudavadi",
"slug": "musalia-mudavadi"
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"content": " Thank you Hon. Speaker. Let me talk a little bit on the issue of energy because a number of Members have raised concerns on the cost of energy. In my statement, I said one of the things we are pushing is to open up the energy sector for more players to come in. So, we move away from having a club of a few players in this sector. I gave an example of the Liquified Petroleum Gas (LPG) gas where we have more players coming in. I know the Government also set up a committee to look into the various International Petroleum Development Agreements (IPDAs) so that they can be rationalised in accordance with the terms of agreement. I think the Ministry of Energy will bring specific reports on this area in due course. We want to encourage the big traders in this sector to work alongside the small traders. So, we will encourage free market and competitive processes in this sector, except for a situation where we are going through this crisis. Hon. Speaker, when we talk about energy, we also talk about electricity. I have highlighted two key factors. One of them is that the exchange rate of the Kenya Shilling has taken a beating and this feeds into the cost of fuel, including diesel and ultimately even the cost of electricity. These are factors that we have to consider."
}