The latest monthly price review by the Energy and Petroleum Regulatory Authority (Epra), will see motorists pay Sh112.87 for a litre of petrol, a Sh2.67 rise. For diesel, Kenyans will now part with Sh104.45 for a litre. a Sh2.13 rise.
The ministry in a statement on Friday (Feb 14) said that both petrol and diesel prices were increased in line with the government’s decision to stabilize the petroleum prices and to protect the well-being of the people.
The prices increase took effect on midnight, Friday and remain in force until the next monthly review in March 14. The rise has been attributed to higher landing costs of fuel.
Epra says the landing cost for petrol rose by 3.91 pc to Sh48,944 per cubic metre (1,000 litres) in January from Sh47,101 per cubic metre in December 2019, while diesel increased by 2.68 pc to Sh50,692 per cubic metre from Sh49,368.
Prices will be lowest in Mombasa where a litre of petrol will retail at Sh110.40, while diesel will sell at Sh101.98.
Kerosene prices, however, dropped, a relief for rural households that use kerosene for cooking and lighting, the price has dropped by Sh1.26 per litre.
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