EPRA Fuel Price Update: Aug 15 – Sep 14
The Energy and Petroleum Regulatory Authority (EPRA) unveiled the fuel costs applicable from Tuesday, August 15th until September 14th.
In an official statement released on Monday, August 14th, the regulatory body declared that there will be no adjustments to the prices of Super Petrol, Diesel, and Kerosene.
“Super Petrol, Diesel, and Kerosene will retail at Ksh194.68, Ksh179.67, and Ksh69.48 effective midnight in Nairobi,” read part of the release.
EPRA stated that the prices include the 16 percent Value Added Tax (VAT), by the regulations of the Finance Act 2023, the Tax Laws (Amendment) Act 2020, and the updated excise duty rates that have been modified for inflation, as indicated in Legal Notice No. 194 of 2020.
Additionally, the governing body disclosed that to mitigate the impact of elevated fuel costs on the Kenyan population, the government chose to maintain stable pump prices during that specific duration.
The cost of Super Petrol was assessed as Ksh202.01, Diesel at Ksh183.26, and Kerosene at Ksh175.22. Consequently, the oil marketers will receive compensation of Ksh7.33, Ksh3.59, and Ksh5.74 for every liter respectively.
As a result, the Petroleum Development Fund (PDF) will provide compensation to Oil Marketing Companies (OMCs) for the disparity.
EPRA’s Director General, Daniel Kiptoo, provided reassurance to the people of Kenya regarding the ongoing dedication to safeguarding both consumers and investors against the impact of elevated fuel costs.
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In Mombasa, drivers will need to pay Ksh191.62 for a liter of Super Petrol, Ksh176.63 for Diesel, and Ksh166.43 for a liter of Kerosene. Meanwhile, in Nakuru, motorists will be charged Ksh193.77 for Super Petrol, Ksh179.14 for Diesel, and Ksh168.99 for a liter of Kerosene.
In Eldoret, fuel costs were limited to Ksh194.53 for petrol, Ksh179.89 for diesel, and Ksh169.75 for kerosene, affecting drivers.
Yet, in the northern region of Kenya, drivers will need to spend more for fuel as prices surpass the Ksh200 level. In Mandera, individuals operating vehicles will need to pay Ksh208.68 for Super Petrol, Ksh193.67 for Diesel, and Ksh183.49 for Kerosene.
In Moyale, the cost for Super Petrol, Diesel, and Kerosene will be Ksh204.81, Ksh189.80, and Ksh179.60 respectively. Meanwhile, in Eldas, people will have to pay Ksh206.54, Ksh191.52, and Ksh181.33 for Super Petrol, Diesel, and Kerosene respectively.
Additional regions offering prices higher than Ksh200 for Super Petrol include Wajir (at Ksh204.64), Turbi (at Ksh203.10), Loyangalani (at Ksh203.31), Kalacha (at Ksh203.24), Maikona (at Ksh202.66), North Horr (at Ksh204.15), Hadado (at Ksh201.84), Bute (at Ksh203.36), Merti (at Ksh200.42), Modogashe (at Ksh202.20), Elwak (at Ksh206.19), Tarbaj (at Ksh204.46), and Dadaab (at Ksh200.65).
Habaswein was priced at Ksh202.05, Sololo at Ksh203.80, Liboi at ksh202.13, and Laisamis at Ksh200.10. Similarly, Kakuma’s price was Ksh200.73, Lokitaung at Ksh202.93, Lokichogio at Ksh202.00, Kibish at Ksh203.19, Nakalale at Ksh201.92, and Marsabit at Ksh203.12.
EPRA Fuel Price Update: Aug 15 – Sep 14
