, NAIROBI, Kenya, Feb 14 – The cost of fuel was set to go up from midnight Friday after the Energy Regulatory Commission (ERC) announced an increase in the price of super petrol by Sh0.96 a litre, diesel by Sh1.07 and kerosene dropped by Sh2 in its monthly review.
In Nairobi, a litre of super petrol will retail at Sh111.55, diesel at Sh105.80; while kerosene will cost Sh83.07 in Nairobi for the next 30 days.
This was an increase from the prices released on January 14 where super retailed at Sh110.59, diesel at Sh104.73, while kerosene will cost Sh85.07.
The commission said the increase in pump prices was attributed to the average higher cost of imported products, despite a stable exchange rate in the month of January.
The average landed cost of imported kerosene decreased by 2.97 percent from $1,042.76 per tonne in December 2013 to $1,011.76 per tonne in January 2014.
“Over the same period the average landed cost of imported super petrol decreased 0.69 percent from $1,033.11 per tonne in December 2013 to $1,025.98 per tonne in January 2013, while the average landed cost of imported diesel increased by 1.69 percent from $967.10 per tonne in December 2013 to $ 983.44 per tonne in January 2014,” according to a statement signed by ERC Director of Petroleum Linus Gitonga.
Motorists in Mombasa will continue to purchase the commodity at the lowest prices, with a litre of super petrol going for Sh108.19, diesel at Sh102.46 and kerosene Sh80.28.
In Nakuru, customers will spend Sh112.19 on super petrol, Sh106.65 on diesel and Sh83.84 on kerosene while in Kisumu, super petrol will cost Sh112.44, diesel Sh106.79 and kerosene will sell at Sh86.85.
Mandera motorists will continue to buy fuel at the highest price in comparison to other towns, where a litre of super petrol will sell at Sh125.36, Sh119.61 for diesel and kerosene going for Sh96.88.