Fuel prices remain unchanged in Epra's August review

The price of fuel will remain unchanged until September 14 as the Energy and Petroleum Regulatory Authority (EPRA) announces it has retained the same rates.

Pump prices for petrol, diesel and kerosene will retail at Sh188.84, Sh171.60 and Sh161.75, in Nairobi, respectively.

"In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, the Energy & Petroleum Regulatory Authority (EPRA) has calculated the maximum retail prices of petroleum products which will be in force from 15th August 2024 to 14th September 2024," Epra said in a statement.

"In the period under review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene remain unchanged."

The Authority said the prices are inclusive of the 16 per cent 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.

Additionally, the average landed cost of imported Super Petrol decreased by 1.06 per cent from US$716.03 per cubic metre in June 2024 to US$708.47 per cubic metre in July 2024.

On the other hand, Diesel increased by 1.62 per cent from US$682.73 per cubic metre to US$693.82 per cubic metre while Kerosene increased by 1.87 per cent from US$692.80 per cubic metre to US$705.74 per cubic metre.

Residents in Mombasa will buy super petrol at Sh185.66, diesel at Sh168.43, and kerosene at Sh158.7. In Nakuru, the prices will be Sh187.9 for super petrol, Sh171.04 for diesel, and Sh161.27 for kerosene.

Eldoret will have super petrol at Sh188.67, diesel at Sh180.81, and kerosene at Sh162.04. Kisumu residents will pay Sh188.66 for super petrol, Sh171.81 for diesel, and Sh162.04 for kerosene.

In Kilifi, super petrol will be priced at Sh186.43, diesel at Sh169.2, and kerosene at Sh159.46. Kwale will see prices of Sh186.05 for super petrol, Sh168.82 for diesel, and Sh159.08 for kerosene. Further, in Lamu, super petrol will be Sh189.2, diesel will be Sh171.97, and kerosene will cost Sh162.24.

EPRA assured the public that it will remain committed to the observance of fair competition and protection of the interests of both consumers and investors in the energy and petroleum sectors.