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Super petrol price hiked by over KSh 11 per litre, kerosene by KSh 3

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– In Nairobi, super petrol, diesel and kerosene will now retail at KSh.100.48, KSh. 91.87 and KSh 65.45 respectively

– Super petrol will sell at KSh 98.11 per litre while diesel and kerosene will retail at KSh 89.50 and KSh 63.09 respectively In Mombasa

– In Nakuru, super petrol will retail at KSh 100.26 per litre while diesel and kerosene will sell at KSh 91.53 and KSh 65.47 respectively

– In Eldoret, petrol will sell at KSh 101.18 per litre while diesel and petrol will retail at KSh 92.75 and KSh 66.40 per litre

– In Kisumu, petrol will retail at KSh 101.17 per litre while diesel and kerosene will sell at KSh 92.74 and KSh 66.39 per litre

The Energy and Petroleum Regulatory Authority (EPRA) has adjusted super petrol prices which will see consumers of Super petrol in Nairobi county pay more in the latest fuel prices adjustment.

The energy regulator said Super Petrol will be up by over KSh 11 per litre while Diesel and Kerosene will increase by over KSh 17 and over KSh 2 per litre respectively.

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Super petrol price hiked by over KSh 11 per litre

Super petrol price hiked by over KSh 11 per litre
Source: UGC

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A statement by the authority showed the changes in the prices for the month of July 2020, was as a result of the increase in the cost of imported Super petrol increasing by 12.64%.

This was an increase from KSh 30,500 in May to KSh 30,000 per cubic metre in June and diesel increasing by 32.16% from KSh 24,500 to KSh 32,400 per cubic metre.

“In accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No. 196 of 2010 and Legal Notice No. 26 of 2012, EPRA has calculated the maximum wholesale and retail prices of petroleum products which will be in force from July 15, 2020, to August 14, 2020,” it said.

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Super petrol, diesel and kerosene will now retail at KSh.100.48, KSh. 91.87 and KSh 65.45 respectively in Nairobi starting midnight.

In Mombasa, super petrol will sell at KSh 98.11 per litre while diesel and kerosene will retail at KSh 89.50 and KSh 63.09 per litre respectively.

In Nakuru, super petrol will retail at KSh 100.26 per litre while diesel and kerosene will sell at KSh 91.53 and KSh 65.47 per litre respectively.

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In Eldoret, petrol will sell at KSh 101.18 per litre while diesel and petrol will retail at KSh 92.75 and KSh 66.40 per litre.

In Kisumu, petrol will retail at KSh 101.17 per litre while diesel and kerosene will sell at KSh 92.74 and KSh 66.39 per litre.

According to the statement, no Kerosene was discharged from the Port of Mombasa in the period under review.

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Accordingly, the prevailing price was maintained but adjusted fo the under recover of Value-added Tax (VAT) by oil marketing companies that occurred in the previous s pricing cycle.

In early June 2020, the regulator had raised alarm over an artificial shortage in parts of the country from retailers who anticipated price of some of the petroleum products to increase.

The move was on the back of a recent request by industry players to the Petroleum Ministry to allow them to retain higher pump prices to get rid of old stock.

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The EPRA also accused oil marketing companies of cartel-like behaviour in petroleum products and threatened them with financial penalties, jail terms, and even revocation of licences.

The major oil marketers, according to the energy industry regulator, had been turning away small and medium oil dealers referred to as independents coming to buy fuel from them.

This was as they anticipate higher prices which have been announced Sunday on the widely used Super Petrol product.

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