31 Jul 2012 in National Assembly:
Mr. Speaker, Sir, it is true that maybe some companies are not consulting the local people. But we will ensure, as a Ministry, that they must consult the areas of operation, so that they get support of the local community for them to exploit the resources required.
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21 Jun 2012 in National Assembly:
|Mr. Chairman, Sir, I support the deletion of this amendment. It is very unfortunate that in this country and this day and age that we encourage illiterate people to be our leaders. Last night, I was very sad when this amendment went through. We are going through a new dispensation. We are going to have a county government where county assemblies will be expected to make laws that will guide that particular county. We would not allow people who cannot even write their names to be members of the county assemblies. I was actually very disappointed as this went through ...
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21 Jun 2012 in National Assembly:
I, therefore, support the deletion of the amendment.
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13 Jun 2012 in National Assembly:
Madam Temporary Deputy Speaker, I beg to reply. (a) In determining the pump prices, the Energy Regulatory Commission (ERC) considered the following factors:- The actual landed cost of each imported cargo received, which is made up of cost of product at the time the product was procured and cost of shipping to Mombasa, taxes and levies, cost of financing, overheads and margin and distribution costs. (b) I am aware that the price of murban crude in the month of April 2012 was posted at US$121 per barrel as compared to US$126 in March 2012. It is important to note that ...
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13 Jun 2012 in National Assembly:
Madam Temporary Deputy Speaker, I have mentioned the factors that we consider in pricing. Actually, they are the cost of the product itself, the transport cost to Mombasa and taxes and levies that are levied on the products received in Kenya. There is an allowance for financing overheads and margin and distribution costs. In fact, I have mentioned those costs in my answer.
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13 Jun 2012 in National Assembly:
Madam Temporary Deputy Speaker, I did not get the question of the hon. Member clearly. Maybe he could repeat it clearly, so that I can answer him.
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13 Jun 2012 in National Assembly:
Madam Temporary Deputy Speaker, as I said the factors have remained the same. These factors included the price of crude, transport costs, fuel levies and other costs which are incurred locally. So, all those are factors which are incurred and they never change.
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13 Jun 2012 in National Assembly:
Madam Temporary Deputy Speaker, yes, in the process of establishing the ERC, which is normal like in any other country, we had the regulation board before. So, after going through the process of developing Sessional Paper No. 4 of 2006, the Commission was formed. The Act was done in the right way. So, the process was followed. There was public participation and the proper procedure was followed to make the law establishing this Commission.
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13 Jun 2012 in National Assembly:
Madam Temporary Deputy Speaker, I do confirm that after this capping mechanism was put in place, indeed, the price actually did decrease on two occasions. On the issue of the cartels, what we have done as a Ministry to avoid them is that we actually go through a tender process. Oil is brought into this country through an open tender system, which people only compete on the price of the product at the source, the transportation and a small premium. So, we have actually removed the cartel issue. But because we do not produce our own oil, its price keeps ...
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13 Jun 2012 in National Assembly:
Madam Temporary Deputy Speaker, yes, I agree that the crude oil price decreased by US$5 between March and April, but I did also say that the crude which we imported during those periods only constituted 17.38 per cent of the actual product that we have in the country and 16.83 in the other month. So, what we do is that the price is normally weighted pricing. So, the price which arrives here is more like the price of the refined product which landed in Mombasa. So, the crude is insignificant. So, the reduction in the crude price did not have ...
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