Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 2337,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/2337/?format=api",
    "text_counter": 28,
    "type": "speech",
    "speaker_name": "Eng. M.M. Mahamud",
    "speaker_title": "The Assistant Minister for Energy",
    "speaker": {
        "id": 373,
        "legal_name": "Mohammed Maalim Mahamud",
        "slug": "mohammed-mahamud"
    },
    "content": " Mr. Speaker, Sir, I beg to reply. (a) The consumption of petroleum products in the country from January, 2011 to October, 2011 is as follows: Super Petrol; an average of 42 million litres per month, totaling to Kshs504,206,000 for that period; Automotive Diesel, an average of 125 million litres per month totaling to Kshs1,180,508,000 for that period; Kerosene, an average of 25 million litres per month totaling to Kshs234,896,000 for that period; Regular Petrol, an average of 3 million litres per month totaling to Kshs31,401,000 for that period. (b) The key parameters that drive the pump prices are the international prices of petroleum products, the Kenya shilling to the US dollar exchange rates, distribution costs for road and pipeline, taxes, levies and marketing margins. The effect of some of these parameters, that is international prices of products and exchange rates lag, hence a change in either of the two may be reflected at a later price calculation. (c) My Ministry, in collaboration with the Office of the Deputy Prime Minister and Ministry of Finance, has taken the following measures: 1. In April, 2011, the Deputy Prime Minister and Minister for Finance reduced the Excise Duty for kerosene and diesel by 30 per cent and 20 per cent respectively. 2. In June, 2011, the Minister further zero-rated the Excise Duty on kerosene. In addition, the Ministry has ongoing and planned projects aimed at not only ensuring affordable petroleum prices but also securing supply. These include: 1. Installation of Line 4 to western Kenya by the Kenya Pipeline Company (KPC).This will reduce the distribution cost in the western Kenya region. The line is now doing test runs. 2. Planned construction of a floating jetty by National Oil Corporation of Kenya (NOCK). This will reduce freight costs as large vessels will be able to dock in Mombasa and at the same time reduce costs associated with demurrage. 3. Planned upgrading of the Kenya Petroleum Refineries Limited (KPRL). The upgrading will help KPRL to increase refining efficiency and produce petroleum products in a more cost effective manner. 4. The Ministry has also put plans in place to ensure that the country establishes and maintains 90 days strategic stocks. This will cushion Kenyans against price spikes and disrupted shortages."
}