Government Reduces Fuel Prices

  • A petrol station attendant pumping fuel into a car.
    A petrol station attendant pumping fuel into a car.
    File
  • The Energy and Petroleum Regulatory Authority (EPRA) on Saturday, November 14, announced a decrease in fuel prices. 

    In the latest review, super petrol, diesel and kerosene prices decreased by Ksh1.42, Sh2.21 and Sh2.10 per liter respectively in Nairobi.

    "Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol decreases by Kshs.1.42 while Diesel and Kerosene decreases by Kshs.2.21 and Kshs.2.10 per litre," reads an excerpt of the statement.

    File image of a petrol station
    File image of a petrol station
    File

    Super Petrol, Diesel and Kerosene will now retail at Kshs.105.85, Kshs.90.70 and Kshs.81.63 respectively in Nairobi starting midnight.

    In Mombasa, the prices will be as follows; Super petrol Ksh103.45, diesel Ksh88.31 and kerosene Ksh79.25.

    In Nakuru, motorists will pay, Ksh105.56 for super petrol, Ksh90.63 for diesel and Ksh81.59 for kerosene.

    Eldoret residents, on the other hand, will pay Ksh106.48 for super petrol, Ksh91.56 for diesel and Ksh82.51 for kerosene.

    The new prices will take effect from tonight at midnight until to 14th December 2020.

    EPRA stated that it had calculated the maximum wholesale prices of petroleum products in accordance with the Petroleum Act 2019.

    The decrease of fuel prices follows the announcement of hike in petrol prices on October 14, 2020, which increased by Ksh.0.72.

    Super petrol retailed at Ksh107.27, while diesel and kerosene decreased by Ksh 92.91 and Ksh 83.73 respectively.

    An image of a Petrol Station
    A file image of Galana Oil Petrol Station.