On Monday, the Energy Regulatory Commission (ERC) announced the maximum pump prices for major towns during the period 15th January to 14th February 2018.
Following the revision, the petrol price in Nairobi went up by Sh2.13 per litre to retail at Sh106.3 while diesel went up by Sh2.39 to retail at Sh98.82.
This was the fifth month in a row that the Commission had raised the maximum pump prices in the country.
Among the charges factored in the total cost is the Railway development levy at Sh0.72 for Super petrol, Diesel (0.70) and Kerosene (0.72).
On average, a motorist in Nairobi with Sh500 will purchase 4.7 Litres. Out of this Sh3.38 will be allocated for Standard Gauge Railway (SGR) development.
If 10000 fuel consumers each buy 4.7 litres of petrol, Sh47000 will be diverted for the railway project.
[caption caption="Breakdown of the the fuel prices"]
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Other levies included in the fuel costs is the road maintenance levy which stands at Sh18 for both Petrol and diesel and excise duty.
Super petrol is cheapest in Mombasa where 1 litre costs Sh103.01 for petrol, while in Eldoret (Sh108.17), Nakuru (Sh106.99) and Kisumu (Sh108.24).
The prices for Diesel in this month vary: In Mombasa (Sh91.55), Nakuru (Sh95.74), Eldoret (Sh96.92) and Kisumu (Sh96.99).
Making the announcement, the commission’s Director General Pavel Oimeke attributed the fuel hike to increased landing costs which increased by 3.99 percent.
He also cited the original price, transportation fees, inland and ocean levies customs, duties, taxes, insurance, currency conversion, crating, handling and payment fees as additional causes for higher prices of fuel in the country.
[caption caption="Fuel prices in different towns in the country"]
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