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{
    "id": 172080,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/172080/?format=api",
    "text_counter": 378,
    "type": "speech",
    "speaker_name": "Mr. Murungi",
    "speaker_title": "The Minister for Energy",
    "speaker": {
        "id": 93,
        "legal_name": "Kiraitu Murungi",
        "slug": "kiraitu-murungi"
    },
    "content": "Mr. Speaker, Sir, the CFA agreement enables oil importing companies to access credit from banks and international oil suppliers to finance importation of oil products. To cut a long story short, under the CFA, oil is held in trust by the Kenya Pipeline Company (KPC) for the financiers for an average of 30th days. It is only released to buyers upon written instructions of these financiers. Therefore, the KPC holds imported oil products in trust for the financiers until it authorises, in writing, release of those products to the importers."
}