This archive report was first published on 14 November 2019.
As of Thursday evening, Kenyans will be paying more for fuel following the latest price revision by The Energy and Petroleum Regulatory Authority (Epra).
The price hike, attributed to increased costs of fuel landing, will see Super Petrol retail at Ksh110.59 in Nairobi, up from Ksh108.05.
A litre of Diesel will now retail at Ksh104.61 in Nairobi, following an increase of Ksh2.65, while Small households have been hit hard with the price of Kerosene adjusting up by Ksh 2.98 in Nairobi to Ksh104.06.
Residents living in far-flung regions across the country will have to fork out more, with remote regions having to pay more due to increased costs of transportation.
For instance, in Mandera, a litre of Super Petrol will sell at Ksh123.44, while a similar quantity of diesel will retail at Ksh117.47 and a similar unit of Kerosene will sell at Ksh116.92.
According to Epra Director-General Pavel Oimeke, the average landed cost of imported Super Petrol increased by 0.86% to USD459.27 per cubic meter in September to USD463.24 per cubic meter in October.
Similar fees for diesel increased by 2.08% from USD491.94 per cubic meter to USD502.15 per cubic metre, while Kerosene increased by 2.73% from USD486.55 per cubic meter to USD499.85 per cubic metre.
Additionally, the appreciation in exchange rates of the US dollar to Kenyan Shilling, which ticked up by 0.23% from Ksh103.79 per USD in September to Ksh103.55 per USD in October 2019, has also contributed to the price increase.
