Nairobi, March 28 -- Oryx Energies, Galana Oil and Gulf Energy will in the next two weeks deliver their first batch of fuel on a 180-day credit period under a government-backed deal with Saudi Arabia and the United Arab Emirates (UAE).

Gulf Energy will be importing two cargoes of diesel, three consignments of super and one shipment of jet fuel every month while Galana Oil and Oryx Energies will each ship two cargoes of diesel for nine months.

Kenya signed the deal with two Gulf nations for the supplies on credit in a bid to ease a crisis in the foreign exchange market given that oil shipments account for 28 percent of Kenya's monthly imports.

Saudi Aramco, Emirates National Oil Corporation (Enoc) and the Abu Dhabi National Oil Corporat...