Brief: Rubis Says Kenyan Gov. To Limit Sale Prices At Service Stations

Rubis SCA

14/04/2022 14:26

April 14 (Reuters) - RUBIS SCA  RUBF.PA :
    * RUBIS: CLARIFICATION ON RUBIS ENERGY KENYA
    * KENYAN GOVERNMENT HAS DECIDED TO LIMIT SALE PRICES AT
SERVICE
STATIONS AND TO SUBSIDIZE PRICE DIFFERENTIAL TO PETROL
DISTRIBUTORS
    * RUBIS ENERGY KENYA IS MAKING ITS BEST EFFORTS TO SUPPLY
MARKET
AND IS FULLY TRANSPARENT WITH AUTHORITIES
    * RUBIS ENERGY KENYA HAS NOT INCREASED ITS EXPORT SALES TO
DETRIMENT OF KENYAN MARKET
    * CURRENT SITUATION DOES NOT CALL INTO QUESTION GROUP'S
DEVELOPMENT OBJECTIVES IN THIS COUNTRY
    * EAST AFRICA CONTRIBUTES 7% OF GROUP EBIT 2021

Source text for Eikon:  ID:nEQ39C3n0a 
Further company coverage:  RUBF.PA 

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