Fuel Prices In Kenya Now Past the Sh200 Per Litre Mark
2 min readFuel Prices In Kenya Go Up following the Latest EPPRA’s review
Kenyans are now supposed to dig deeper into their pockets following the latest Energy and Petroleum Regulatory Authority (EPRA)’s review that has seen fuel prices in Kenya cross the ksh.200 mark per litre.
EPRA revised the pump fuel prices upwards, leading to a significant increase in the prices of Super Petrol, the price of diesel, price of kerosene by ksh.16.96, ksh. 21.32 and ksh.33.13, respectively.
The Authority’s Director General Daniel Kiptoo Bargoria noted that the increase in fuel prices was attributed to the weighted average cost of imported refined petroleum products.
The increase in the fuel prices in Kenya comes to interrupt a two-month period of unchanged prices.
ALSO READ
- Overcoming High Exchange Rates and Costly Cars in Kenya
- How to Invest In Government Securities (Treasury Bonds & Bills) In Kenya | Complete Guide
- How to Start a Coffee Business – A Detailed Business Plan
“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 2020, and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” he stated.
“The average landed cost of imported Super Petrol increased by 4.80% from US$739.21 (Ksh. 108,516.03) per cubic metre in July 2023 to US$774.67 (Ksh. 113,721.56) per cubic metre in August 2023; Diesel increased by 12.52% from US$701.99 (Ksh. 103,052.13) per cubic metre to US$789.89 (Ksh.115,955.85) per cubic metre while Kerosene increased by 19.79% from US$690.58 (Ksh.101,377.14) per cubic metre to US$827.26 (Ksh.121,441.77) per cubic metre.”
Following the changes in the fuel prices in Kenya:
- In Nairobi, the retail price of Super Petrol will be Ksh.211.64, while that of Diesel and Kerosene will be Ksh.200.99, respectively
- In Mombasa, the retail price for Super Petrol will be Ksh.208.58, Diesel Ksh.197.93 and Kerosene, sh.199.54
- And in Kisumu; Super Petrol (Ksh.211.40), Diesel (Ksh.201.16) and Kerosene (Ksh.202.77).
2 thoughts on “Fuel Prices In Kenya Now Past the Sh200 Per Litre Mark”