Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
Commission attributed the increase to an upward trend in the price of crude and refined petroleum products in the international market over the last three months/FILE

Kenya

Motorists to face misery at the pump

Commission attributed the increase to an upward trend in the price of crude and refined petroleum products in the international market over the last three months/FILE

NAIROBI, Kenya, Sep 14 – Motorists are expected to dig deeper into their pockets to pay for a litre of fuel after the Energy Regulatory Commission (ERC) increased the price of a litre of super petrol in Nairobi by Sh2.47 to sell at 108.95, diesel by Sh3.99 to retail at Sh101.07 and kerosene to retail at Sh79.65 after going up by Sh5.68.

In a statement on Friday, the commission attributed the increase to an upward trend in the price of crude and refined petroleum products in the international market over the last three months.

The adjustments which take effect from midnight on Friday and will remain in effect until October 14.

“The average landed cost of imported Super Petrol increased by 2.76percent, from $ 997.52 per tonne in July 2012 to $1025.05 per tonne in August 2012.Over the same period the average landed cost of imported Diesel increased by 6.90 percent from $ 933.35 per tonne to $997.78, while the average cost of imported kerosene increased by 10.19 percent from $928.33per tonne in July 2012 to 1022.89 in August 2012,” explained ERC Director general Kaburu Mwirichia.

However prices remain cheapest in Mombasa where a litre of super petrol will retail at Sh105.70, diesel will retail at Sh97.84 with kerosene selling at Sh76.87

On the other hand, Mandera residents will buy the commodity at the highest prices with a litre of super petrol going for Sh121.47, diesel Sh113.59 and kerosene at Sh92.17.

Nakuru residents will buy a litre of super of petrol at Sh109.56, diesel at Sh101.89 and kerosene at Sh80.42.

In Kisumu super petrol will retail at Sh110.73, diesel at Sh103.06 and kerosene at Sh81.44.

In the last months’ review super petrol in Nairobi dropped by Sh1.98 and has been retailing at Sh106.48 for the last 30 days. Diesel prices in Nairobi went down by Sh0.41 while kerosene also went down by 41 cents.

Advertisement. Scroll to continue reading.
Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...