Energy Trading Firm, Dalbit Petroleum Receives Distinguished Tax Payer Award from Kenya Revenue Authority

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Dalbit Petroleum, a Kenya-based energy trading firm, has bagged the leading oil importer tax payer award at a high profile event dubbed the Kenya Revenue Authority (KRA) 2018 Distinguished Taxpayers awards ceremony held this week.

The Kenya Revenue Authority, is an agency of the government of Kenya that is responsible for the assessment, collection and accounting for all revenues that are due to government, in accordance with the laws of Kenya.

The awards ceremony was presided over by Kenya’s 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. She noted that the award had been made possible by the company’s leadership and employees’ continued commitment to uphold best in world 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.

“The award is also a tribute to our hardworking workforce which is dedicated to fueling regional growth and Kenya’s Big Four agenda,” she continued.

Since its inception, Dalbit Petroleum has enjoyed steady growth and currently has strong operational foot prints throughout East Africa and the Great lakes regions, thanks to its vast networks and affiliated partners.

The firm’s vision is to be the frontrunner in the African energy sector.

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