The Energy and Petroleum Regulatory Authority (EPRA) on Friday, April 14, released the new fuel prices for the next 30 days indicating that they will remain unchanged.
The new directive, which will run between April 15 and May 14, affects super petrol, diesel, and kerosene.
"In the period under review, the maximum allowed petroleum pump price of Super Petrol, diesel, and kerosene remain unchanged," EPRA announced in the statement.
According to EPRA, the prices are inclusive of the 8 per cent Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020, and the revised rates for excise duty adjusted for inflation.
Epra detailed that the price of diesel had been cross-subsidised with that of Super Petrol while a subsidy of Ksh. 17.12 /litre has been maintained for Kerosene in order to cushion consumers from the otherwise high prices.
As a result, Nairobi motorists will, therefore, part with Ksh179.30 for super petrol, Ksh162.00 for diesel, and ksh145.94 for kerosene per litre.
Motorists in Mombasa will pay Ksh176.98 for Super Petrol, Ksh159.76 for diesel, and Ksh143.69 for Kerosene per litre.
Those in Nakuru will pay Ksh178.62 for Super Petrol, Ksh161.83 for diesel, and Ksh145.79 for Kerosene per litre and their counterparts in Kisumu will part with Ksh179.50 for Super Petrol, Ksh162.70 for diesel and Ksh146.66 for Kerosene per litre.
In the last review between March 15 and April 14, motorists paid an extra Ksh2 for super petrol. However, diesel and kerosene recorded no increase in the duration.
On Wednesday, April 12, EPRA Director General Daniel Kiptoo hinted that fuel prices were not expected to go down even though the government sealed an oil deal with Saudi Arabia and Deputy President Rigathi Gachagua received the first consignment on Thursday, April 13.
"As to whether we will see a reprieve in terms of cost. I want to state that because this is a global retailing commodity we don't have control over that," he stated.
On his part, Gachagua emphasised that the over 160, 000 metric tonnes of fuel received will relieve the pressure on the country's dollar reserves because the demand for this currency to purchase oil will considerably go down.
"The Memorandum of Understanding (MoU) entered into with prospective governments will ensure the continuous supply of Petroleum Products on an extended credit period of 180 days," Gachagua added.
