Easter eases car owners’ burden as fuel prices drops

April 14, 2017 (3 weeks ago) 4:50 pm
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In a statement, ERC Acting Director General Pavel Oimeke credits the drop in the retail prices to a decrease in the average landed cost of imported super petrol which decreased by 4.22 percent to US$563.62 per tonne in March/FILE

, NAIROBI, Kenya, Apr 14 – Kenyans will from tomorrow pay less for petroleum products following the decrease in fuel prices by the Energy Regulatory commission.

In Nairobi, residents will pay Sh98 per litre of Super Petrol following a Sh3.06 drop.

Diesel has dropped by Sh1.82 per litre, to sell at Sh88.62 while Kerosene will be selling at Sh64.38 following a Sh3.58 drop.

In a statement, ERC Acting Director General Pavel Oimeke credits the drop in the retail prices to a decrease in the average landed cost of imported super petrol which decreased by 4.22 percent to US$563.62 per tonne in March.

Diesel and kerosene also marked a decreased of 2.92 percent and 8.27 percent to US$504.83per tonne and US$497.44 per tonne respectively.

ERC also attributed a fairly stable US Dollar to Kenya Shilling exchange rate of Sh102.95 per dollar to the decrease.

The shilling had been trading at about Sh103.41 per US$ in February.

In Mombasa, residents will pay Sh94.73 per litre of petrol, Sh85.36 per litre for diesel and Sh61.63 per litre for kerosene.

Kisumu residents, on the other hand, will pay Sh100.14 for petrol, Sh90.93 for diesel and Sh66.42 for kerosene.

In Nakuru, motorists will part with Sh98.89 for petrol, Sh89.68 for diesel and Sh65.35 for kerosene, while in Eldoret residents will pay Sh100.07 for petrol, Sh90.86 for diesel and Sh66.42 for kerosene.

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