The Energy Regulatory of Kenya (ERC) on Friday announced new oil prices following the assenting of the Finance Bill by President Uhuru Kenyatta revising the VAT on fuel from 16 percent to 8 percent.
After recalculation pursuant to the Finance Act 2018, ERC released the maximum pump prices that would be in force from 21st September to 14th October 2018.
In Nairobi, commuters will purchase petrol at Ksh116.79, diesel at Ksh108.12, while the cost of kerosene increases by Ksh10.71 to Ksh108.41.
"Further, the calculations have taken into account the anti-adulteration levy of Kshs. 18 per litre on Kerosene in line with the Finance Act 2018," ERC stated.
In Mombasa, petrol will now retail at Ksh114.15, diesel Ksh105.50 and kerosene at Ksh105.78.
Petrol prices are Ksh118.25, 118.26, 117.25 in Kisumu, Eldoret and Nakuru respectively.
Here is the comprehensive list of the fuel prices in other parts of the country.
