New Fuel Prices As Per The Energy and Petroleum Regulatory Authority’s (EPRA) Latest Announcement This Month.
The Energy and Petroleum Regulatory Authority (EPRA) has announced fuel prices which will be effective from Monday, November 15 to Tuesday, December 14.
According to a pricing index released on Sunday, November 14, the authority noted that the prices of petrol and diesel will remain unchanged for the next 30 days.
This therefore means petrol will retail at Ksh129.72 in Nairobi while diesel prices will retail at Ksh110.60. The price of Kerosene, on the other hand, will retail at Ksh103.54.
In Mombasa, petrol will retail at Ksh127.46, diesel at Ksh108.36 while kerosene will sell at Ksh101.29.
In Nakuru County, petrol will retail at Ksh129.24, diesel at Ksh120.43 and kerosene at Ksh103.39.
“In accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No.196 of 2010 and Legal Notice No. 26 of 2012, EPRA has calculated the maximum retail prices of petroleum products, which will be in force from 15th November 2021 to 14th December 2021.”
“The prices are inclusive of the 8 percent 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,” read part of the statement.
Fuel prices have been a subject of discussion among Kenyans who felt the pinch of the tough economic times after the prices had been increased during the month of September.
Following an online uproar in October the price of petrol and diesel dropped by Ksh5 while kerosene dropped by Ksh7.28 per litre.
This saw the prices for petrol in Nairobi change from Ksh134.72 to Ksh129.72 while diesel prices dropped from Ksh115 to retail at Ksh110.60.
Kerosene, on the other hand, dropped from Ksh110.2 to Ksh103.54.