Kenyans to pay more as fuel prices go up in latest review
News
By
Fredrick Obura
| Feb 14, 2021
NAIROBI, KENYA: Consumers will pay more for different fuel products following huge adjustments across Kerosene, Diesel, and Super Petrol.
The Energy and Petroleum Regulatory Authority (EPRA) Sunday increased the prices of Super Petrol, Diesel, and Kerosene by Sh8.19, Sh5.51, and Sh5.32 per litre respectively, changes take effect midnight.
According to EPRA, the changes in this month’s prices are a consequence of the average landed cost of imported Super Petrol increasing by 20.93 per cent from US$323.52 per cubic metre in December 2020 to US$391.24 per cubic metre in January 2021.
During the same period Diesel increased by 13.64 per cent from US$332.22 per cubic metre to US$377.55 per cubic metre and Kerosene increasing by 14.60 from US$302.97 per cubic metre to US4347.19 per cubic metre.
“Over the same period, the mean monthly US Dollar to Kenya Shillings exchange rate appreciated by 0.57 per cent from Sh110.52 per dollar in December 2020 to Sh109.89 per dollar in January.
READ MORE
Kenya to host green hydrogen symposium as country positions for the global stage
Kingdom Bank deepens MSME push with Industrial Area branch
Court declines to lift orders blocking Safaricom sale as Vodafone loses bid to exit case
Kenya blockchain industry urges faster stablecoin adoption amid new digital asset rules
Activist files petition to block fuel price hike, seeks conservatory orders
Government launches construction of 114 solar mini grids in 14 counties
Kenya's cybersecurity skills gap persists despite training efforts
Ruto's budget limbo deepens as IMF digs in on bailout conditions
Following the adjustment, Super Petrol will retail at Sh112.78, diesel at Sh99.52, and Kerosene at Sh90.05 per litre in Mombasa.
In Nairobi, Petrol, Diesel, and Kerosene will retail at Sh115.18, Sh101.91, and Sh92.44 per litre respectively.
And effective midnight in Kisumu, Petrol, Diesel, and Kerosene will retail at Sh115.76, Sh102.73, and Sh93.28 respectively.
MOST READ
Kenya to host green hydrogen symposium as country positions for the global stage
BUSINESS
By James Wanzala