Fuel pump prices drop further in latest review

November 14, 2013 12:32 pm


Super will retail at Sh108.87 in Nairobi, diesel Sh103.25 and kerosene Sh82.79/FILE
Super will retail at Sh108.87 in Nairobi, diesel Sh103.25 and kerosene Sh82.79/FILE
NAIROBI, Kenya, Nov 14 – Fuel prices have reduced further, with super petrol shedding Sh3.40 to retail at Sh108.87 in Nairobi, diesel by Sh1.22 to Sh103.25 and kerosene by Sh2.22 to Sh82.79.

In its monthly pump prices review on Thursday, the Energy Regulatory Commission (ERC) attributed the average decrease in prices to lower costs of imported fuel and a favourable exchange rate in the month of October.

The new changes take effect on November 15.

“The average landed cost of imported super petrol decreased by 2.81 percent between September and October 2013. Diesel increased by 0.31 and kerosene by 0.16 percent,” ERC Acting Director General Frederick Nyang said in a statement.

In Mombasa, motorists will still buy the commodity at the lowest prices, where a litre of super petrol will retail at Sh105.52, diesel 99.91 and kerosene at Sh90.01.

In Mandera, residents will buy a litre of super petrol at Sh122.68, diesel Sh117.06 and kerosene at Sh96.60, which is the highest compared with all the towns across the country.

A litre of super petrol in Nakuru will retail at Sh109.52, diesel at Sh104.10 and kerosene Sh83.56 while in Kisumu, super petrol will go for Sh110.73, diesel Sh105.31 and kerosene Sh84.58.

“As always the oil marketing companies are encouraged to compete below the set maximum prices,” Nyang emphasised.

The commission maintains a Short Message Service-based inquiry system for petroleum pump prices where member of the public can obtain the latest prices, by sending a message to 0707-667623.



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