CAK extends National Oil, Rubis exemption deal to eight years - Capital Business
Connect with us

Hi, what are you looking for?

Kenya

CAK extends National Oil, Rubis exemption deal to eight years

NAIROBI, Kenya, Feb 3 – The Competition Authority of Kenya (CAK) has extended the exemption period granted to a strategic business partnership between the National Oil Corporation of Kenya (NOC) and Rubis Energy Kenya Limited from five years to eight years, strengthening the long-term collaboration between the two firms.

In a Gazette notice dated December 30, 2025, the Authority said the revised exemption will now run for eight years beginning December 13, 2024, covering specific clauses of the proposed Strategic Business Partnership agreement between the state-owned oil marketer and the multinational fuel distributor.

The extension amends an earlier approval issued in January 2025, which had granted the partnership a five-year exemption from certain provisions of the Competition Act to allow the firms to operationalize the deal.

“The Authority has amended the exemption period granted with respect to specific clauses of the proposed Strategic Business Partnership,” read the notice in part.

“From a period of five (5) years to a period of eight (8) years beginning 13th December, 2024.”

The Competition Authority noted that the exemption clauses themselves remain unchanged, as outlined in Gazette Notice No. 667 dated January 24, 2025, indicating regulatory continuity while allowing the partnership a longer runway.

The NOC–Rubis partnership is part of broader efforts to stabilize Kenya’s downstream petroleum sector, improve fuel supply reliability and strengthen the role of the National Oil Corporation, which has faced financial and operational challenges in recent years.

Rubis, which has expanded its footprint across East Africa, has increasingly positioned itself as a strategic partner in fuel storage, distribution and retail.

In recent months, regulators have shown flexibility in approving strategic collaborations within the energy sector, as the government seeks to attract investment, reduce supply disruptions and enhance competition without undermining market stability.

Visited 151 times, 1 visit(s) today

More on Capital Business

World

It also decided to extend the term of an existing 5 billion dollars deposit at the bank to strengthen the resilience of Pakistan's economy...

Kenya

The regulator said it is closely monitoring the sector following reports of selective supply and artificial scarcity, with motorists in towns such as Nairobi...

Kenya

The unannounced searches saw investigators seize electronic and physical records, including laptops, mobile phones, storage devices, management reports and sales data, as the regulator...

Kenya

The EPRA Biannual Statistics Report 2025/26 shows TotalEnergies climbed to second position with a market share of 14.01 percent, ahead of Rubis.

World

In afternoon trade in Asia, Brent crude was around 3.2% higher at more than $80 (£59.67) a barrel, while US-traded oil was up by...

Africa

Tinubu extended the ban to Feb. 25, 2027, saying the decision aims to deepen processing capacity within Nigeria, enhance livelihoods in shea-producing communities, and...

Kenya

The dispute stems from a complaint lodged in October 2024 by ASL, a Kenyan manufacturer and distributor in the construction and industrial sectors. The...

Banks

The ruling follows a complaint lodged in October 2024 by ASL, a diversified Kenyan manufacturer and distributor serving the construction and industrial sectors. The...