The Energy Petroleum and Regulatory Authority (EPRA) on Thursday released the fuel prices for the period between September 15 to October 14.
EPRA increased the cost of Super Petrol to Ksh211.64, Diesel to Ksh200.99, and Kerosene to ksh202.61 per litre in Nairobi.
“The maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol increases by Ksh16.96, Diesel increases by Ksh21.32 per litre & Kerosene increases by Ksh33.13 per litre,” the statement read in part.
EPRA explained that the cost increased due to the spike in the total landing cost of the petroleum products.
“The average landed cost of imported Super Petrol increased by 4.80 per cent from USD739.21 per cubic metre in July 2023 to USD774.67 per cubic metre in August 2023; Diesel increased by 12.52 per cent from USD701.99 per cubic metre to USD789.89 per cubic metre while Kerosene increased by 19.79 per cent from USD690.58 per cubic metre to USD827.26 per cubic metre,” the authority stated.
In the last review, the government cushioned Kenyans against the rising costs through subsidies from the Petroleum Development Levy.
Motorists in Nairobi paid Ksh194.68 for a litre of Super Petrol, Ksh179.67 for a litre of Diesel, and Ksh179.67 for a litre of Kerosene.
The government introduced a subsidy of Ksh7.33, Ksh3.59, and Ksh5.74 per litre of Super Petrol, Diesel, and Kerosene respectively.
