By Patrick Chiriba (15/06/2023)
The Energy and Petroleum Regulatory Authority (EPRA) on Wednesday announced new fuel prices for super petrol, diesel, and kerosene.
In the latest review, the prices of super petrol and diesel have decreased by Ksh.0.66 and Ksh.1.22 per litre respectively.
However, the price of kerosene has increased by Ksh.0.35 per litre.
“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, EPRA has calculated the maximum retail prices of petroleum products which will be in force from 15th June 2023 to 14th July 2023,” said EPRA in a statement.
According to the authority, the average landed cost of imported super petrol decreased by 1.09% from US$724.01 per cubic metre in April 2023 to US$716.15 per cubic metre in May 2023.
Diesel increased by 0.84% from US$688.07 per cubic metre to US$693.86 per cubic metre, while kerosene decreased by 0.83% from US$699.54 per cubic metre to US$693.71 per cubic metre.
In Nairobi, a litre of super petrol will retail at Ksh.182.04 and diesel at Ksh.167.28 per litre. At the same time, a litre of kerosene will cost Ksh.161.48 in the nation’s capital.
In Mombasa, super petrol will cost Ksh.179.20 per litre, diesel will be priced at Ksh.164.45, and kerosene will go for Ksh.158.65 per litre.
Pump prices in Kisumu will retail as follows: Ksh.181.87 for super petrol, Ksh.167.49 for diesel and Ksh. 161.70 for a litre of kerosene.
Motorists in Nakuru will pay Ksh.181.18 for super petrol and Ksh.166.7 for diesel. Kerosene in the country’s fourth city will retail at Ksh.161.01.
EPRA also said the prices are inclusive of 8% Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020, and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.