Govt Announces Reduction of Petrol & Diesel Prices

  • Image of fuel pumps at a petrol station File
  • The government, through the Energy and Petroleum Regulatory Authority (EPRA), on Thursday, announced a drop in fuel prices that will take effect starting August 15 to September 14, 2019.

    Having taken into account the weighted average cost of imported refined petroleum products, EPRA reduced the maximum allowed petroleum pump prices across the country, compared to the previous period.

    Following the new directive, Super Petrol & Diesel are to decrease by Ksh 2.86 per litre & Ksh 3.28 per litre respectively.

    Image of the Press Release Issued by EPRA August 14, 2019

    Kerosene prices, on the other hand, will increase by Ksh 1.98 per litre.

    The pump prices are inclusive of 8% Value Added Tax (VAT), in line with the provisions of the Finance Act 2018 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 109 of 9th July 2019.

    EPRA attributed the changes in prices to the average landed cost of imported Super Petrol decreasing by 5.64%, from US$ 528.26 per cubic metre in June 2019 to US$ 498.46 per cubic metre in July 2019.

    Here is a breakdown of fuel costs across all major towns in Kenya.

    New fuel prices across Kenya from August 15 to September 14, 2019

    New fuel prices across Kenya from August 15 to September 14, 2019