Fuel prices rise marginally for July

July 14, 2014
Shares

,

ERC has however reduced the price of Diesel by 14 cents to sell at Sh104.67 in Nairobi from today midnight. The next review will be in August 15/FILE
ERC has however reduced the price of Diesel by 14 cents to sell at Sh104.67 in Nairobi from today midnight. The next review will be in August 15/FILE
NAIROBI, Kenya, July 14- The Energy Regulatory Commission (ERC) has announced the new fuel prices where a litre of super petrol has increased by Sh1.24 to retail at Sh115.86 in Nairobi and Kerosene by 99 cents to sell at Sh84.12.

ERC has however reduced the price of Diesel by 14 cents to sell at Sh104.67 in Nairobi from today midnight. The next review will be in August 15.

“The purpose of the fuel pricing regulations is to cap the pump prices of the products which are already in the country, such that the importation and other prudently incurred costs are covered while ensuring fair prices to the consumers,” ERC said in a statement.

In Mombasa, motorists will still enjoy the lowest prices, with a litre of Super petrol going for Sh112.49 a litre, diesel Sh101.33 and kerosene to sell at Sh81.33.

However in Mandera, motorists will buy fuel at the highest cost, with a litre of super petrol going for Sh129.67, diesel Sh118.48 and Kerosene for Sh.97.93

In Nakuru super petrol will retail at Sh116.47, diesel at Sh105.52 and kerosene at Sh84.88 while in Kisumu, super petrol will go for Sh117.69, diesel Sh106.73 and kerosene to sell at Sh85.90.

In Eldoret a litre of Super petrol will retail at Sh117.62, diesel at Sh106.67. Kerosene will sell at Sh85.91.

“As always oil marketing companies are encouraged to compete below the maximum prices,” the commission emphasized.

ERC has assured the members of the public that it will continue to observe principles of fair competition and the protection of the interest of both consumers and investors in the energy sector.

“The consumers are requested to be vigilant in reporting non-compliant retailers to the authorities for necessary legal action.”

Shares

Latest Articles

Stock Market

Most Viewed