EPRA Announces Fuel Price Hike for May – June 2023
On Sunday, May 14, the Energy and Petroleum Regulatory Authority (EPRA). Released the new fuel prices for the next 30 days, announcing an increase in fuel prices.
In its monthly review of fuel prices. The authority found that petroleum pump prices in Nairobi increased by Kshs3.40 per liter for Super Petrol. Kshs6.40 per liter for Diesel, and Kshs15.19 per liter for Kerosene.
EPRA also announced the removal of diesel and kerosene subsidies.
Thus, in Nairobi, the price of gasoline rose to Ksh182.70, diesel to Ksh168.40, and kerosene to Ksh163.
Prices for gasoline, diesel, and kerosene in Mombasa increased to Ksh179.86, Ksh165.57, and Ksh158.30, respectively.
The price of gasoline, diesel, and kerosene in Nakuru is Ksh181.83, Ksh167.91, and Ksh160.65, respectively.
In Eldoret, gasoline will cost Ksh182.54, diesel will cost Ksh168.61, and kerosene will cost Ksh161.35.
According to an EPRA press release, some regions will pay between Ksh184 and Ksh191 for gasoline.
Meru, Chuka, Nanyuki, Mtito Andei, Kitui, Marsabit, Laisamis, Sololo, Dadaab, Elwak, Wajir, and Isiolo are among these regions.
The newly released fuel prices cover the period from May 14 to June 14.
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During the most recent EPRA review, which occurred between April 14 and May 14, the prices of super petrol, diesel, and kerosene did not change.
EPRA cited the move as a result of the petroleum products being subsidized to protect Kenyans from rising prices.
EPRA announced in a statement that the maximum pump price of Super Petrol, diesel, and kerosene remained unchanged during the period under review.
As a result, motorists in Nairobi paid Ksh179.30 per liter for super petrol, Ksh162.00 per liter for diesel, and Ksh145.94 per liter for kerosene.
Kenya received petroleum products as part of a new agreement with a Saudi Arabian company and a Dubai-based company to supply oil to the country for six months.
As a means of relieving pressure on the dollar’s supply, the government purchased oil at the same credit price and paid in Kenyan shillings.
The first shipment of fuel worth Ksh20 billion under the new agreement arrived in the country in April 2023, with the most recent shipment arriving on May 11, 2023.
Kenya Ports Authority noted that the tankers Nan Lin Wan and Proteus Jessica arrived at the New Kipevu Oil Terminal carrying 100,000 metric tons of diesel and 85,979 metric tons of gasoline, respectively.
EPRA Announces Fuel Price Hike for May – June 2023
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