Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Kenya

Motorists to pay slightly more for fuel in latest ERC review

According to the ERC, the price of super petrol has gone up by 34 cents while that of diesel and kerosene went up by 78 cents and Sh1.50 per litre respectively in Nairobi/FILE

NAIROBI, Kenya, May 15 – Motorists are set to pay more for fuel from Tuesday after the Energy Regulatory Commission (ERC) increased the prices of super petrol, diesel and kerosene in its latest review, which will be used in the next one month.

According to the ERC, the price of super petrol has gone up by 34 cents while that of diesel and kerosene went up by 78 cents and Sh1.50 per litre respectively in Nairobi.

“The purpose of the fuel pricing regulations is to cap the pump prices of the products which are already in the country so that the importation and other prudently incurred costs are recovered while ensuring reasonable prices to consumers,” Director General Robert Oimeke stated.

The ERC attributed the changes to the average landed cost of super petrol which increased by 1.18 per cent while diesel increased by 2.91 per cent and kerosene by 3.06 per cent.

In Mombasa, a litre of super petrol will be Sh103.88, diesel Sh95.35 and kerosene Sh78.22 for the next one month.

Nakuru motorists will pay Sh107.86 for super petrol, Sh99.54 for diesel and Sh79.05 for kerosene per litre.

Those in Eldoret will part with Sh109.05 per litre of super petrol, Sh100.72 for diesel and Sh80.12 for kerosene.

Kisumu motorists, on the other hand, will part with Sh109.11 per litre for super petrol, Sh100.79 for diesel and Sh80.12 for kerosene.

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...