Last month, EPRA reduced fuel prices in Kenya by KES 1. That’s seems to be the trend going forward, as the Authority has now announced a reduction of KES 1 for the coming period of November – December.
EPRA says, “Taking into account the weighted average cost of imported refined petroleum products and in line with Government policy, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol, Diesel and Kerosene decrease by KES 1.00 per litre.”
The November fuel prices are inclusive of the 8% Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.
The price of Diesel has been cross-subsidised with that of Super Petrol while a subsidy of KES 17.68/litre has been maintained for Kerosene in order to cushion consumers from the otherwise high prices. The Government will utilise the Petroleum Development Levy (PDL) to compensate oil marketing companies for the difference in cost.
November Fuel Prices in Nairobi per litre:
- Petrol will retail at KES 177.30
- Diesel will retail at KES 162.00
- Kerosene will retail at KES 145.94
Fuel Prices in Kisumu per litre:
- Petrol – KES 177.50
- Diesel – KES 162.70
- Kerosene – KES 146.66
Fuel prices in Mombasa per litre:
- Petrol – KES 174.98
- Diesel – KES 159.76
- Kerosene – KES 143.69
Fuel Prices in Nakuru per litre:
- Petrol – KES 176.62
- Diesel – KES 161.83
- Kerosene – KES 145.79
