NAIROBI, KENYA, NOVEMBER 1 — Local energy trading firm-Dalbit Petroleum is the leading oil importer tax payer in Kenya.
This was revealed during the Kenya Revenue Authority (KRA) 2018 Distinguished Taxpayers awards ceremony held on Wednesday, where the firm bagged KRA’s Distinguished Tax Payer award trophy.
At the awards ceremony presided over by President Uhuru Kenyatta, Dalbit Petroleum, carried home the Leading Large Oil Importer trophy for its diligence as a large taxpayer in the oil industry category.
Dalbit Petroleum, picked the overall trophy in the traditionally hotly contested market category featuring leading oil importer and marketers.
Other oil importers Ms. Ramji Haribhai Devani and Brain Field Oil and Gas Limited picked the Medium and Small taxpayer category trophies.
Speaking moments after the trophy presentation, Dalbit Petroleum Chief Officer- Supply Chain, Esther Ngero said the award is a further validation of the company’s commitment to be tax compliant and contribute to the social and economic development of the nation.
The award, she said, had been made possible by the company’s leadership and employees’ continued commitment to uphold best in class operating standards.
The firm’s adoption of cutting edge information technology systems and global best practice in Health, Safety and Environment (HSE) standards, Ms Ngero added has also served to enhance adherence to tax and related compliance standards.
“At Dalbit Petroleum, we are excited to receive this award which serves to renew our obligation to maintaining world class standards in all our business fronts,” Ngero said, adding,“The award is also a tribute to our hardworking workforce which is dedicated to fueling regional growth and Kenya’s Big Four agenda.”
Since its inception, Dalbit Petroleum, has through its vast networks and affiliated partners enjoyed steady growth and currently has strong operational foot prints throughout East Africa and the Great lakes regions.
According to the management, the firm’s vision is to be the frontrunner in the African Energy Sector and is striving to continuously provide efficient, innovative and responsible energy solutions.
The firm which engages in trading, supply and distribution of petroleum products in Eastern and Southern Africa including Kenya, Tanzania, DRC ,South Sudan and Zambia recently secured two major petroleum products supply contracts with the World Food Programme (WFP) valued at US$7.9 million.
The US$ 6.8 million and US$1.1 million tenders will see Dalbit International South Sudan supply Jet fuel to the WFP in Gulu, Northern Uganda and Goma, in the Eastern part of the Democratic Republic of Congo (DRC).