Fuel prices drop by sh5 in latest EPRA review

Business
By Stephanie Wangari | Jan 14, 2024
A pump operator fueling a vehicle at a petrol station in Nairobi. [File,Standard]

Fuel prices have dropped by sh5 in the latest Energy and Petroleum Regulatory Authority (EPRA) monthly review.

Super petrol will retail at Sh207, diesel at Sh196.47 and kerosene at Sh194.23 in Nairobi, effective midnight for the next 30 days.

"The prices are inclusive of the 16 per cent 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," read EPRA's statement on Sunday.

In Nakuru, petrol will retail at Sh206.35, while diesel will be sold at Sh195.88. Kerosene, on the other hand, will retail at 193.66.

Petrol in Eldoret will retail at Sh207.12, diesel at 196.65, while kerosene will cost Sh194.43. In Mombasa, super petrol will retail at Sh204.3, diesel at Sh193.41 and kerosene at Sh191.05.

Share this story
Gulf Energy secures oil rig ahead of Lokichar project kick-off
Gulf Energy, the firm that last year took over the Turkana oil project, says it has leased an oil rig from a Middle Eastern firm that will be used to drill oil wells in Lokichar.
Big win for Ruto as court clears path for sale of key State firms
President William Ruto’s administration scored a major legal victory after the High Court declared the Privatisation Act 2025 constitutional, paving the way for the sale of key State corporations.
PwC now seeks buyers for Koko Networks assets
PwC has launched a search for buyers to acquire the business or assets of the collapsed Koko Networks Ltd, as administrators move to recover value for creditors.
Kenya Pipeline Company IPO extended by three working days
The Kenya Pipeline Company’s IPO has been extended by three days following approval by the Capital Markets Authority.
When fundamentals are stable but the patient is terrified
Kenya‘s Central Bank has reduced inflation without hurting the currency, lowered rates without causing capital flight and has established the credibility that gives Kenya options.  
.
RECOMMENDED NEWS