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{
    "id": 213934,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/213934/?format=api",
    "text_counter": 128,
    "type": "speech",
    "speaker_name": "Mr. Kiunjuri",
    "speaker_title": "",
    "speaker": {
        "id": 175,
        "legal_name": "Festus Mwangi Kiunjuri",
        "slug": "mwangi-kiunjuri"
    },
    "content": "Wait for the explanation! Mr. Speaker, Sir, we are given a special rate. For example, we are given US$69 to lift crude oil. Then we can sell it for US$69.10 or US$70; so, that is the difference we make. We are given at a lower rate, so that we lift. So, if, for example, we are able to lift 30,000 barrels, we will make, at least, US$1 from the barrel. Out of that, we tender to agents to go and lift on our behalf. What they make out of that US$1 is what we also charge them. We ask them to tell us how much they will give us. If four companies go and tender and tell us: \"We are going to give you 20 cents out of the US$1\", we take the highest. That is why you see the discrepancy between the billions that we expect and the millions we are getting."
}