The Energy and Petroleum Regulatory Authority (EPRA) has made public fuel prices that will take effect from midnight of June 14, 2024 to July 14 2024.
In a statement on Friday, June 14, EPRA reduced the price for Super Petrol by Ksh3.
Diesel prices were reduced by Ksh6.08 while Kerosene was reduced by Ksh5.71.
Following the review, pump prices for Super Petrol in Nairobi will be Ksh189.84. On the other hand, Diesel and Kerosene will be sold at Ksh173.10 and Ksh163.05 respectively.
“In the period under review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene decreases by Ksh3.00, Ksh6.08 and Ksh5.71 per litre respectively.
“In Nairobi, Super Petrol, Diesel and Kerosene will now retail at Ksh189.84, Ksh173.10 and Ksh163.05 effective midnight for the next 30 days,” read the statement in part.
The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.^DC pic.twitter.com/tE7Ro05igv
— Energy and Petroleum Regulatory Authority (@EPRA_Ke) June 14, 2024
EPRA attributed the drop to the decrease in landing cost and the stabilisation of the Shilling against the dollar.
