Ndii and chirchir Oil deal with Saudis and UAE

[RV Pundit]

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Kenya's government-to-government oil deal:
1. GOK floated tender 2 weeks ago, received 7 bids
2. Saudi Aramco to supply 2 Diesel cargo consignments monthly
3. Abu Dhabi National Oil Company to supply 3 cargo consignments of Super monthly
4. Deal is for 6 months & credit based pic.twitter.com/SN6kbcvOVz

— Julians Amboko (@AmbokoJH) March 13, 2023

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[Githunguri]

How much is Ruto making from these deals on a monthly basis.

[RV Pundit]

How much did he invest in monthly basis to kick out Kenyattas.

How much is Ruto making from these deals on a monthly basis.

[hk]

On this deal was the price of oil set at signing date price or delivery price? If its the former kenya is going to lose serious $ as the price of crude oil decreases.

[Georgesoros]

On this deal was the price of oil set at signing date price or delivery price? If its the former kenya is going to lose serious $ as the price of crude oil decreases.

Prices change daily, weekly monthly.
Airlines lost billions some time back when oil was on a see saw. Thye bought at almost twice market rate. Then oil dropped.
But Ruto has his middle men who stand to cash in
Why not let companies Total, Mobil, buy and sell?

[RV Pundit]

I dont think it's future contract?

On this deal was the price of oil set at signing date price or delivery price? If its the former kenya is going to lose serious $ as the price of crude oil decreases.

[hk]

I dont think it's future contract?

On this deal was the price of oil set at signing date price or delivery price? If its the former kenya is going to lose serious $ as the price of crude oil decreases.

Spot market price for future delivery? I don't believe Kenya has the storage capacity for 6months worth of fuel.