The Government through the Energy and Petroleum Regulatory Authority (EPRA) has announced new fuel prices, effective July 15.
Government announces new fuel prices
Super Petrol price increases
In a statement on Sunday, EPRA announced that the cost of Diesel and Kerosene will reduce by Sh0.88 and Sh2.31 per litre, from the current Sh104.76 and 104.28 respectively.
The price of Super Petrol will increase by Sh0.29 per litre from the current selling price of Sh115.10.
This comes as a relief to Diesel and Kerosene users following months of a steady increase in the price of fuel across the country, even as Super Petrol users will still have to dig deeper into their pockets to fuel their cars.
In Nairobi, Super, Diesel and Kerosene will retail at Sh115.39, Sh103.88 and Sh101.79 respectively, as well as Sh112.74, Sh101.25 and 99.35 in Mombasa.
According to ERPA, the new prices have been warranted by the average landing costs of imported Super Petrol decreasing by 1.83%, Diesel decreased by 3.07% and Kerosene decreasing by 5.49% per cubic metre in the month of June.
The pump prices also include the 8% VAT Tax in accordance with the provisions of the Finance Act 2018 and the revised rates for exercise duty adjusted for inflation via Legal Notice No 109 of 9th July 2019.
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