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{
    "id": 49476,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/49476/?format=api",
    "text_counter": 390,
    "type": "speech",
    "speaker_name": "Mr. Murungi",
    "speaker_title": "The Minister for Energy",
    "speaker": {
        "id": 93,
        "legal_name": "Kiraitu Murungi",
        "slug": "kiraitu-murungi"
    },
    "content": " Mr. Temporary Deputy Speaker, Sir, the issue raised by Mr. Chanzu is true. After Triton, we tightened the systems at KPC. We said products cannot leave the pipeline unless they have been paid for and unless all the taxes are paid. We enhanced the product accountability system within KPC. This could cause some minor delays, but I think we cannot change the system. This is because if we relax on it, the House will be calling again because there is Triton No.2 and Triton No.3. So, please, bear with us. We will stick with the strict product accountability system that has been introduced. Secondly, Mr. Lessonet wanted to know why we are not encouraging the private sector to invest. Since 2008, I have been wooing the private sector to establish strategic reserves. I have got some offers. However, the offers I get are really un-implementable because the private sector wants to make money even out of this. I have got offers for the private sector offering to come and build tanks and put in products, but on the understanding that the products that we keep there--- The private sector does not make money by just putting products in the tank. We allow them to keep on releasing the products into the market and replenishing them. What are we doing? We are giving about one third or more of the market, to one player. So, we do not want to create monopolies through the private sector participating in strategic reserves. That is why we are saying the Government should invest. Mr. Temporary Deputy Speaker, Sir, secondly, we had even advertised expression of interest for that SBM. There are very few responses coming in because they are also looking at investments and how fast they will recoup. So, in some of these infrastructure projects, the public sector has got to be involved. It is just like asking the private sector to build roads for us. They can build roads in Nairobi, but they will never build roads in Turkana and other places, where they are not likely to recover their money."
}