This archive report was first published on 15 August 2019.
Motorists in Kenya are set to enjoy a reduction in fuel prices, with the Energy and Petroleum Regulatory Authority (EPRA) announcing a cut in the maximum pump prices for diesel and petrol in its mid-month review, published on August 15, 2019.
The Authority has reduced the maximum pump prices for diesel by Sh.3.28 and petrol by Sh.2.86. However, Kerosene prices have been increased by an average Sh.1.98 per litre.
According to EPRA, the decrease in petrol and diesel costs is attributed to a break in the pricing of fuel imports between June and July 2019.
EPRA stated, “The changes in this month’s prices have been a consequence of the average cost of imported super petrol and diesel decreasing by 5.6 and 7.1 percent between June and July 2019,” in a statement.
As of August 15, 2019, a litre of petrol in Nairobi will now cost Sh112.53, while diesel will retail at Sh100.60. Nairobi dwellers will part with Sh.103.95 a litre of Kerosene.
The new pump-prices came into effect at midnight and will run across the rest of August and into the first half of September.