Relief for motorists as fuel prices drop in latest EPRA review
A pump attendant pumps fuel into a car at a gas station in Nairobi, on September 19, 2023. International oil prices fell on November 22, 2023 after a key ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies was pushed back from November 26 to November 30. (Photo by SIMON MAINA / AFP)
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Super petrol, diesel and kerosene prices went down by Ksh.4.20, Ksh.3.90 and Ksh.1.00 per litre, respectively, in the latest Energy and Petroleum Regulatory Authority (EPRA) review announced on Saturday.
The new
prices taking effect February 15 through March 14 will see a litre of super
petrol go for Ksh.178.28 in Nairobi, while Diesel and Kerosene will now retail at Ksh.166.54
and Ksh.152.78 effective midnight for the next 30 days.
In Mombasa, the cost is Ksh.175.00, Ksh.163.26 and Ksh.149.49 for super petrol, diesel and kerosene, respectively.
In Kisumu, the costs for Super Petrol, Diesel and Kerosene will be Ksh.178.16, Ksh.166.76, and Ksh.153.03, respectively.
At the same
time, customers in Kisumu will buy a litre of super petrol at Ksh.178.16,
diesel at Ksh.166.76 and kerosene at Ksh.153.03.
“The
prices are inclusive of the 16% Value Added Tax (VAT) in line with the
provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2024 and the
revised rates for excise duty adjusted for inflation as per Legal Notice No.
194 of 2020,” EPRA
Director-General Daniel Bargoria said.
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