Kenya: Triton Petroleum Scandal to Affect KenGen
|
|
|
|
Thursday, 29 January 2009 |
|
KenGen’s main oil supplier, Total-Kenya, said it has tendered a
three-month notice for withdrawal after its contract with the troubled
Triton Oil Company hit a dead end.
The latest twist in the Triton scandal, which rocked the oil
industry and involves disappearance of Sh8 billion worth of oil
products, however, spells doom to KenGen’s operations. The power
utility company, heavily relies on oil to power its thermal plants and
could only avert the crisis if it bags a quick deal with another player.
Felix Majekodunmi, managing director Total-Kenya said "We have a
contract with Triton to supply us with fuel, which we then supply to
KenGen. We gave them three months notice after sensing the danger of
not meeting the contract,". Majekodunmi revealed Total supplied
an average 20 million litres monthly to KenGen at Sh60 per litre mainly
supplied to emergency power plants.
The fuel was mainly used to run diesel engines by the Independent Power
Producers with Aggreko emergency power producer based in Embakasi in
Nairobi leading the pack.
PetrolWorld 280109
|
