Saudi Aramco, Abu Dhabi National Oil Co. (ADNOC) and Emirates National Oil Co. are among firms that bid to supply petroleum products to Kenya under the East African nation’s plan to nationalize oil imports.
Aramco will supply diesel to the African country for six months, while ADNOC and ENOC will provide jet fuel and gasoline, respectively, Bloomberg reported, citing Kenyan Minister of Energy.
Trade and Development Bank (TDB) will provide advisory services for Kenya to secure a credit facility and pay the fuel value.
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