Blow to Kenyan oil marketers as Rwanda moves to G-to-G fuel deal
Nairobi, June 28 -- Rwanda will shift to a government-to-government (G-to-G) fuel importation deal from August this year, signalling reduced business for Kenyan oil marketers who are still smarting from the loss of the Ugandan market.
Industry executives told the Business Daily that the government of Rwanda has already informed the local players of the changes.
"They have already written to the oil marketers of their shift to a G-to-G model, which is starting in August this year," an industry executive said on Friday.
Sources revealed that OQ Trading, which is the international energy and commodity trading arm of the Sultanate of Oman, will supply Rwanda with fuel under the G-to-G arrangement.
Rwanda's shift to a G-to-G importation of...
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