Motor vehicle owners in Nairobi will pay additional Sh0.72 for a litre of super petrol for the next one month in the latest fuel adjustment by the Energy and Petroleum Regulatory Authority (EPRA).
In its review published Wednesday, a litre of diesel will reduce by Sh2.18 effective midnight as kerosene consumers remained unaffected.
“The price of kerosene remains unchanged since no cargo was discharged at the Port of Mombasa between 10th September 2020 and 9th October 2020 which is the pricing period defined by Legal Notice No. 26 of 2012,” EPRA Director General Pavel Oimeke stated.
EPRA has attributed the latest adjustment of super petrol to an increase in the average landed cost of imported super petrol which went up by 1.12pc from $327.69 per cubic metre in August to $331.37 per cubic metre in September.
The average landed cost of diesel during the period, however, reduced to $311.99 from $329.88 per cubic metre representing a 5.42 pc reduction, the authority stated.
The new adjustment comes just 14 days after the authority officially added the excise duty adjusted for inflation which came into force on October 1st prompting it to review the monthly pump prices to accommodate the changes.
The adjustments are also inclusive of the 8pc VAT under the Finance Act 2018 and which came into force on 1st October.
The adjustments now mean, for a litre of super petrol, consumers in Nairobi will pay Sh107.27 for a litre of super petrol at the pump, Sh92.91 for a litre of diesel and Sh53.73 for a litre of kerosene. However, wholesale buyers in Nairobi will pay Sh95.44 for a litre of super petrol, diesel Sh81.10 and kerosene Sh71.94.
A litre of super petrol will cost you Sh104.86, diesel shs 90.53 and kerosene Kshs 81.37 in Mombasa while a litre of super petrol, diesel and kerosene will cost you Sh107.88, Sh93.77 and Sh 84.60 respectively in Kisumu
Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]