The government, through the Energy and Petroleum Regulatory Authority (EPRA), on Monday, October 14, announced a drop in fuel prices to take effect from October 15, to November 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.
"The changes in the maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol and Diesel decrease by KSh 4.76 per litre and KSh 1.08 per litre respectively," read an excerpt of the energy regulator's statement.
However, the price of kerosene was increased by Ksh 0.44 per litre, compared to the previous period.
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 7.66% between August and September 2019.
Here is a breakdown of fuel costs across all major towns in Kenya.
