Kenyans to pay more for super petrol, less for diesel and kerosene after latest EPRA price review

Kenyans to pay more for super petrol, less for diesel and kerosene after latest EPRA price review

In Nairobi, the new retail price for super petrol will be Sh177.32, diesel Sh162.91, and kerosene Sh146.93 per litre.

Fuel prices have been revised in the latest monthly review by the Energy and Petroleum Regulatory Authority, with an increase in the price of super petrol and a drop in the prices of diesel and kerosene.

In the review announced on Saturday, EPRA said the price of petrol had gone up by Sh2.69 per litre, while diesel and kerosene had dropped by Sh1.95 and Sh2.06 per litre respectively. The changes will apply from June 15 to July 14.

In Nairobi, the new retail price for super petrol will be Sh177.32, diesel Sh162.91, and kerosene Sh146.93 per litre.

“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products which will be in force from June 15 to July 14,” EPRA said.

EPRA explained that the new prices include 16 per cent VAT and reflect tax changes in the Finance Act 2023, the Tax Laws (Amendment) Act 2024, and revised excise duty adjusted for inflation.

“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,” the statement added.

In Mombasa, super petrol will retail at Sh174.01, diesel at Sh159.62, and kerosene at Sh143.64 per litre. In Kisumu, the prices will be Sh177.28 for petrol, Sh163.23 for diesel, and Sh147.30 for kerosene.

In Nakuru, petrol will go for Sh176.47, diesel at Sh162.41, and kerosene at Sh146.47 per litre. In Eldoret, the prices will match those of Kisumu, with super petrol at Sh177.28, diesel at Sh163.24 and kerosene at Sh147.30.

EPRA attributed the price adjustments to changes in the global oil market, stating that Kenya does not produce or refine its own petroleum but relies entirely on imports

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