The Energy and Petroleum Regulatory Authority (EPRA) has announced an increase in fuel prices across the country following the average inflation rate of 4.94 percent for the financial year 2019/2020.
As a result, the pump price for super petrol in Nairobi increases by Ksh1.12 while that of diesel and kerosene go up by Ksh0.58 per litre, respectively.
Last month, the energy regulator increased the prices of super petrol by Ksh1.48 while diesel and kerosene were reduced by Ksh0.12 and Ksh0.50 per litre, respectively.
“Pursuant to Legal Notice No. 194 of 2020, the Kenya Revenue Authority (KRA) has adjusted upwards the excise duty on super petrol, diesel and kerosene after taking into account the average inflation rate of 4.94 percent for the financial year 2019/2020,” EPRA said in a statement issued on Friday, 2nd October.
Following the adjustments, a litre of super petrol, diesel, and kerosene will now retail at Ksh106.55, Ksh95.09 and Ksh83.73, respectively, in Nairobi starting midnight.
In Mombasa, super petrol will retail at Ksh104.18 diesel at Ksh92.73 while kerosene will go for Ksh81.37 per litre.
Motorists in Kisumu will now pay Ksh107.18 for super petrol, Ksh95.94 for diesel, and Ksh84.60 for kerosene, while in Nakuru, the new prices are Ksh106.26 for super petrol, Ksh95.02 for diesel, and Ksh83.69 for kerosene per litre.
The recalculated maximum wholesale and retail pump prices will be in force from Saturday, 3rd to 14th October.