Cost of super petrol drops by Sh3

June 14, 2012 3:21 pm
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The change in the prices which takes effect at midnight on Thursday will see a litre of super in Nairobi retail at Sh117.67; diesel Sh105.51 and Sh83.20 for Kerosene/FILE
NAIROBI, Kenya, Jun 14 – Motorists will get relief at fuel stations after the Energy Regulatory Commission (ERC) on Thursday lowered prices by Sh3.46 for a litre of super petrol, while diesel will retail at Sh2.93 less and kerosene by Sh3.80.

The change in the prices which takes effect at midnight on Thursday will see a litre of super in Nairobi retail at Sh117.67; diesel Sh105.51 and Sh83.20 for Kerosene.

In a statement, ERC director general Kaburu Mwirichia attributed the reduction of prices to a drop in costs on the international market plus the recent stability of the Kenyan shilling against foreign currencies.

“The downward trend in the price of crude and refined petroleum products in the international market observed in the last two months has continued to hold,” said Mwirichia in the statement.

He was optimistic of further positive changes in the market which he says will be passed to consumers in subsequent price reviews.

In Nakuru, a litre of super petrol will go for Sh130.19; diesel Sh106.32 and Sh83.96 for a litre of kerosene.

In Kisumu, a litre of super petrol will retail at Sh119.41; diesel Sh107.49 and kerosene Sh84.99.

However pump prices remain highest in Wajir where motorist will buy a litre of super petrol at a cost of Sh125.15; diesel Sh112.99 and kerosene Sh90.68.

Mombasa motorists will buy the commodity cheapest at Sh114.40 for a litre of super petrol, while diesel will retail at Sh102.27 and kerosene Sh80.41.

Even with the reduction of fuel pump prices, Kenyans may now be looking forward to see if it will have a positive effect on the prices of other essential commodity prices.

The new fuel pricing is set to take effect from June 1t at midnight through to July 14.

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