Relief at the pump as fuel drops by Sh4

May 14, 2013 3:24 pm
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The ERC says the drop has been largely due to the decrease in crude prices and the cost of import/FILE
The ERC says the drop has been largely due to the decrease in crude prices and the cost of import/FILE
NAIROBI, Kenya, May 14 – Motorists can now breathe a sigh of relief after the Energy Regulatory Commission announced a drop in fuel pump prices by over Sh4 a litre for the next one month.

The price of super petrol has been reduced by Sh4.41 to retail at Sh113.24 in Nairobi, diesel by Sh5.38 to trade at Sh101.06 while a litre of kerosene will cost Sh79.46 after a Sh4.37 reduction.

The ERC says the drop has been largely due to the decrease in crude prices and the cost of import.

The average landed cost of imported diesel decreased by 4.99percent from $1,008.26 per tonne in March 2013 to $957.94per tonne in April.

“Over the same period the average landed cost of imported Super petrol decreased by 4.66 percent from $1,131.43 per tonne in March to $1,078.67 per tonne in April while the average landed cost of imported kerosene decreased by 3.02percent from $1,035.44 per tonne in March to $1,004.18 April,” the commission said in a statement.

The lowest prices will be in Mombasa where a litre of super petrol will sell at Sh109, diesel at Sh97 and kerosene at Sh76.68 while in Mandera, super petrol will cost Sh125.76, diesel 113.58 and kerosene at Sh91.98, the highest cost countrywide.

In Nakuru a litre of super petrol will cost Sh113.83, diesel Sh101.88 and Sh80.24 for a litre of kerosene while in Kisumu, super petrol will cost Sh115, diesel at Sh103.05 with kerosene retailing at Sh81.26.

The commission has started an SMS based inquiry system for petroleum pump prices where members of the public can obtain the latest updates in major towns by sending the message “price” and the “name of the major town” to 0707-667623.

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