Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
ERC has attributed the changes in super petrol to the increase in the average landed cost of the imported commodity which went up by 0.94 percent to US$568.92 per ton in April 2017/FILE

Kenya

EPRA hikes Petrol prices, cuts Diesel and Kerosene Pump costs

NAIROBI, Kenya, Sep 14-Motorists in Nairobi will for the next one month pay more for super petrol after the energy watchdog hiked the price of the commodity by Sh1.48 to retail at Sh105.43, compared to last month’s Sh100.48.

The commission says the pumping up of fuel prices is as a result of averaged landed cost of imported Super Petrol in recent months.

“ The changes in this month’s fuel prices are as a result of the average landed costs of imported Super Petrol increasing by 2.6 percent from US$319.23 per cubic metre in July 2020 to US$327.69 per cubic meter in August 2020 and Diesel decreasing by 1.02 percent from US$333.27 per cubic meter to US$329.88 per cubic meter,” the regulator said in a statement.

The Energy and Petroleum Regulatory Authority has however reduced the price of diesel and Kerosene by Sh0.12 and 0.50 per litre to trade at Sh94.51 and Sh83.15 respectively.

The coastal region will now retail Super Petrol, Diesel and Kerosene are now Sh103.05, Sh92.15, and Sh80.78 respectively.

In Kisumu, the new prices for Super Petrol, Diesel and Kerosene are now Sh106.06, Sh95.35 and Sh84.02.

Motorists in Nakuru will pay Sh105.15 for super petrol, Sh94.45 for diesel and Sh83.11 for kerosene per litre.

In Eldoret, motorists will pay Sh106.07 for petrol, Sh95.36 for diesel and Sh84.02 for kerosene.

The new prices will be in force from September 15 to October 14 2020.

Advertisement. Scroll to continue reading.

 

 

2 Comments
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...

Headlines

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

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...

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

Coronavirus

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

Headlines

NAIROBI, Kenya, Mar 16 – The World Bank has given the Kenyan government USD 60 Million (Sh6.1 billion) to help combat the deadly coronavirus pandemic...