This archive report was first published on 14 June 2020.
On June 14, 2020, the Energy and Petroleum Regulatory Authority (EPRA) announced new fuel prices, effective from June 15 to July 14, 2020.
The price of super petrol has increased by Sh5.77, while diesel and kerosene have dropped by Sh3.80 and Sh17.31 per litre respectively.
According to EPRA, the changes in fuel prices are due to the Tax Laws (Amendment) Act of 2020, which made taxes and duties part of the valuable amount in the calculation of Value Added Tax for petroleum fuels.
The average landed cost of imported super petrol increased by 31.54 per cent from $188.70 per cubic metre in April 2020 to $248.21 per cubic metre in May 2020.
By contrast, diesel had decreased by 5.58 per cent from $242.13 per cubic metre to $228.62 per cubic metre, while kerosene had decreased from $262.44 per cubic metre to $126.39 per cubic metre.
