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"id": 211658,
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"type": "speech",
"speaker_name": "Mr. Kiunjuri",
"speaker_title": "The Assistant Minister for Energy",
"speaker": {
"id": 175,
"legal_name": "Festus Mwangi Kiunjuri",
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"content": " Mr. Deputy Speaker, Sir, I beg to reply. (a) The Kenyan Government does not receive any price concessions from the Nigerian Government. (b) The companies awarded the lifting contracts over the last three years were Acadia and Vital (SA) Geneva. The revenue received was Kshs141,610,000 broken down as follows, per company. Year Company Kshs 2004/2005 Acadia 41,461,000 2005/2006 Vital(SA)Geneva 50,350,000 2006/2007 Vital (SA) Geneva 49,579,000 Total 141,610,000 Finally, I would like to lay on the Table of this august House details on crude oil lifted and the premiums paid by the companies in the last three years. I am also laying on the Table of this august House the contracts for sale and purchase of the Nigerian crude oil with the official Nigerian price, which applied to all buyers in March, 2007, which was US$64,409 per barrel."
}