Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
A litre of super petrol has increased by Sh1.31 to retail at Sh98.59 in Nairobi, while diesel has gone up by Sh1.25 to Sh84.56. The cost of kerosene has increased marginally by 96 cents to sell at Sh62.74 a litre/FILE

Kenya

No respite for Kenyans as fuel prices rise

A litre of super petrol has increased by Sh1.31 to retail at Sh98.59 in Nairobi, while diesel has gone up by Sh1.25 to Sh84.56.  The cost of kerosene has increased marginally by 96 cents to sell at Sh62.74 a litre/FILE

A litre of super petrol has increased by Sh1.31 to retail at Sh98.59 in Nairobi, while diesel has gone up by Sh1.25 to Sh84.56. The cost of kerosene has increased marginally by 96 cents to sell at Sh62.74 a litre/FILE

NAIROBI, Kenya, Jul 14 – The Energy Regulatory Commission (ERC) has announced an overall increase in the price of fuel across the country for the next one month beginning Tuesday night.

A litre of petrol has increased by Sh1.31 to retail at Sh98.59 in Nairobi, diesel has gone up by Sh1.25 to Sh84.56 while kerosene has increased marginally by 96 cents to sell at Sh62.74.

ERC Director General Joseph Ng’ang’a has attributed the general rise to increase in landing cost as result of continued weaker shilling against the US dollar in the month of June.

“Over the same period, the mean monthly US dollar to Kenya shilling exchange rate depreciated by 1.31 percent from Sh96.86 per US dollar in May 2015 to Sh98.13 per US dollar in June 2015,” Ng’ang’a explained.

In Mombasa petrol will retail at Sh95.27 a litre, diesel at Sh81.27 while kerosene will sell at Sh60.

In Nakuru, petrol will retail at Sh99.30, diesel at 85.47 and kerosene at Sh63.57 while in Kisumu petrol will be selling at Sh100.44, diesel at Sh86.68 and kerosene at Sh64.59.

In Eldoret, petrol will sell at Sh100.44, diesel at Sh86.62 and kerosene at Sh64.60.

Mandera residents will bear the highest cost with petrol going for Sh112.40, diesel Sh98.37 while kerosene will retail at Sh76.55.
In the previous fuel review, petrol increased by Sh4.39 higher per litre, diesel by Sh3.97 and kerosene by 2.54 per litre.

The ERC boss has cautioned petroleum marketing companies and dealers against selling petroleum products above the maximum prices published by the commission.

“Any party that contravenes this requirement is liable to a fine of up to Sh1millon and or the withdrawal of operating license,” Ng’ang’a warned.

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...