Fuel prices down significantly in new ERC review

February 14, 2015 11:39 am
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Saturday’s review which takes effect at midnight, was the most significant in as many months since the commission started reviewing fuel prices. Photo/FRANCIS MBATHA.
Saturday’s review which takes effect at midnight, was the most significant in as many months since the commission started reviewing fuel prices. Photo/FRANCIS MBATHA.
NAIROBI, Kenya Feb 14 – Kenyans will now begin to feel the effects of the international drop in fuel prices following the latest price review announced on Saturday.

The new price schedule released by the Energy Regulatory Commission (ERC), super petrol will retail at Sh84.71 after going down by Sh8.17 in Nairobi.

Diesel will now sell at Sh75.52, with a reduction of Sh7.83. Kerosene has also gone down by Sh13.19 and will now retail at Sh52.40.

Saturday’s review was the most significant in as many months since the commission started reviewing fuel prices.

In Mombasa, a litre of super petrol will retail at Sh81.42, diesel at Sh72.25 while kerosene will sell at Sh49.69.

Nakuru motorists will buy a litre of petrol at Sh 85.49, diesel at 76.46 and kerosene at Sh 53.26 while in Kisumu petrol will sell at Sh86.70, diesel at Sh 77.67 and kerosene at Sh54.28.

In Eldoret super petrol will retail at Sh86.63, diesel at 77.60 while kerosene will sell at Sh54.29.
In Mandera fuel will retail at the highest cost, with super petrol going for Sh98.52 a litre, diesel at Sh89.33 while kerosene at Sh 66.21.

“Petroleum marketing companies and dealers are reminded that it is an offence to sell petroleum products above the maximum prices published by the commission,” Ng’ang’a reiterated.

In the last months review, the price for a litre of super petrol in Nairobi was cut by Sh9.13 to Sh92.88, diesel by Sh7.50 to retail at Sh83.35 while kerosene was decreased by Sh5.78 to sell at Sh65.59.

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