EPRA Reduces Diesel & Kerosene, Retains Petrol Prices


The Energy and Petroleum Authority (EPRA) has reduced diesel and kerosene prices while maintaining petrol prices in the latest review.

In a statement on Tuesday, the energy regulator revealed that the prices of petrol will remain unchanged for the month of November.  

Diesel, which is used mostly by manufacturers and heavy commercial vehicles, will retail at Ksh203.47, while kerosene will cost Ksh203.06 at the pump. 

“In the period under review, the maximum allowed petroleum pump price for Super Petrol remains unchanged while that of Diesel and Kerosene decreased by Ksh2.00 per litre,” EPRA announced. 

“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.”

EPRA Director-General Daniel Kiptoo (right) addresses the Public Investments Committee on Commercial Affairs and Energy on April 12, 2023.

Photo

National Assembly

Motorists in Nairobi will purchase Petrol, Diesel and Kerosene at Ksh217.36, Ksh203.47 and Ksh203.06 respectively.

In Mombasa, Petrol, Diesel and Kerosene will trade at Ksh214.30, Ksh200.41 and Ksh199.99 respectively.

EPRA announced that Petrol prices in Nakuru will trade at Ksh216.35, Diesel at Ksh202.88 and Kerosene at Ksh202.46.

Eldoret motorists will purchase the three commodities at Ksh217.12, Ksh203.65 and Ksh203.22 respectively.

The following areas will buy fuel as high as between Ksh220 and Ksh227 including Lokitaung, Lomut, Lodwar, Kakuma, Lokichar, Kalokol, Lokori, Lokichogio, Kibish, Nakale, Korr, Marsabit, Garissa, Isiolo, Moyale, Wajir, and Kolacha. 

The latest review comes even as Kenyans push Ruto’s administration to lower the cost of living amid job cuts and freeze, which has further pushed millions into economic despair. 

Critics have called out the government for increasing the cost of fuel in the country, even as global crude prices drop to the lowest rate in months. 

A recent review by Tanzania saw the prices of petroleum products in the country drop, with local authorities attributing the decrease to lower global crude prices. 

The announcement in Tanzania came just days after Cabinet Secretary of Energy Davis Chirchir claimed that petrol could soon hit Ksh300 per litre if the Israeli war in Gaza escalates. 

The government has since backtracked, though Ruto told Kenya Kwanza leaders at a meeting in State House that his hands are tied on the issue. 

Taxes account for nearly half of the cost of petrol, and some experts have urged Parliament to cut or remove some taxes to ease the pain for millions of Kenyans. 

The opposition has also urged the Ruto administration to bring back subsidies, including on fuel, to ease the cost of living, which has been high since the new government came to power. 

President William Ruto during the official opening of the Third Session of the Inter-Governmental Negotiating Committee on Ending Plastic Pollution, United Nations Office, Nairobi on November 13, 2023.

PCS





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