A fresh row has erupted over the sale of Kenya Petroleum - TopicsExpress

A fresh row has erupted over the sale of Kenya Petroleum Refineries Limited (KPRL), prompting Parliament to launch investigations into how Essar Overseas Limited acquired shares from three oil majors. Energy Committee chairman Jamleck Kamau said the separator was sold for $3 million (Sh258 million), the value of the land on which the facility is built. “If anything was paid it is only $3 million yet the equipment alone is worth way above the amount paid,” Mr Kamau, the Kigumo MP, said on behalf of the committee, which is assessing the proposed closure of the refinery.

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