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Kenya will fine fuel marketers accused of hoarding petrol and diesel as it released Ksh8.2 billion ($71 million) subsidy arrears to petrol retailers to ease nationwide fuel shortage and forestall a crisis.

Petroleum Principal Secretary Andrew Kamau said on Monday that investigations into the shortage were being finalised, setting the stage for financial penalties and licence withdrawals.

He added that the supply hitches that caused the nationwide fuel shortage are expected to ease from Thursday after oil marketers steeped supplies to stations from depots.

“By Thursday we will be back to normal, today we paid Ksh8.2 billion to the marketers and since yesterday (Sunday) depots were opened and marketers have been working to refill their stations,” Mr Kamau told the Business Daily.

The marketers are said to have gone slow in evacuating their products from the depots to protest delays in the payment of subsidies to the companies.

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