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{
    "id": 189219,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/189219/?format=api",
    "text_counter": 182,
    "type": "speech",
    "speaker_name": "Mr. Murungi",
    "speaker_title": "The Minister for Energy",
    "speaker": {
        "id": 93,
        "legal_name": "Kiraitu Murungi",
        "slug": "kiraitu-murungi"
    },
    "content": " Mr. Deputy Speaker, I did say myself that refinery is not competitive because of obsolete technology. Indeed, the products produced there have a higher sulphur content than imported products. The reason we want to upgrade the refinery is so that we can reduce the sulphur content below its current percentage. It is true that the refinery could perform much better in reduction of sulphur content. Mr. Deputy Speaker, Sir, regarding the Memorandum of Understanding, I would like to confirm to the House that, indeed, it was signed by the Government and the Libyan company. Indeed, the MOU is what it is. It is a Memorandum of Understanding. It does not constitute any binding legal obligations between any of the parties. It was an expression of interest. Mr. Deputy Speaker, Sir, OiLibya expressed to the Government its interest in participating in the refinery upgrade. After that expression was done, they were informed that the Cabinet had clearly stated that the upgrade project should be done through a competitive process. They were informed about the process being undertaken by the private companies through Wood Mackenzie. Therefore, the MoU did not in any way tie the Government's hand to hand over the refinery to the Libyans. Mr. Deputy Speaker, Sir, the national interest was protected by the Cabinet itself when it said that 50 per cent of the shareholding in the refinery must remain with the Government. This means that the major stake in the refinery of 50 per cent still remains under the control of Kenyans. What was to be sold was the 50 per cent held by the private shareholders. Therefore, national interest in the refinery in so far as the ownership of the refinery is concerned has not been compromised. Mr. Deputy Speaker, Sir, the issues raised by the former Minister for Finance Mr. Okemo-- -"
}