The Energy and Petroleum Regulatory Authority (EPRA) has on Saturday announced news fuel prices of Super Petrol, Diesel and Kerosene.
In the latest review Super Petrol, Diesel & Kerosene prices will increase by Kshs.5.72, Kshs.4.48 and Kshs.2.45 per litre respectively for a period of one month effective 15th October 2023 to 14th November 2023.
“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, EPRA has calculated the maximum retail prices of petroleum products, which will be in force from 15th October 2023 to 14th November 2023.
- Petrol will be 260 Ksh by February, says CS Moses Kuria
- Super petrol and Diesel prices rise by Ksh 16.96 and 21.32 respectively
Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol, Diesel & Kerosene increases by Kshs.5.72, Kshs.4.48 & Kshs.2.45 per litre respectively.
In Nairobi, Super Petrol, Diesel and Kerosene will now retail at Kshs.217.36, Kshs.205.47 & Kshs.205.06 effective midnight for the next 30 days.
The prices are inclusive of the 16% 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.” said EPRA
The news comes at a time when Kenyans appealed to the government to lower the cost of fuel as the cost of living is already too high for many.