Kenyan motorists will still continue digging much dipper into their pockets as far as fuel cost is concerned for the coming one month.
This comes after the prices were increased even. One litre of diesel in Nairobi has gone up by 1.17 shillings making, to 90.44 shillings from the previous 89.27 shillings. A liter of petrol on the other hand has increased by 0.78 shillings to 101.05 shillings from the previous 100.27 shillings while a litre of kerosene went up by 0.77 shillings to 67.96 shillings from 67.19 shillings in Nairobi.
According to the Energy Regulatory Commission (ERC), increase in fuel prices were driven by an increase on the global oil prices.
“The changes in this month’s prices have been as a consequence of the average landed cost of imported Super Petrol increasing by 2.33 percent from US$ 575.06 per ton in January 2017 to US$ 588.47 per ton in February 2017; Diesel increasing by 3.84 percent from US$ 500.78 per ton to US$ 520.01 per ton and Kerosene increasing by 3.45 percent from US$ 524.20 per ton to US$ 542.27 per ton” said a statement from ERC.
The rally in the fuel prices is expected to put upward pressure on Kenya’s economy where inflation rate hit a four-year high of 9.04 per cent last month driven by higher fuel and food costs.
Petroleum prices vary across Kenya due to transport costs that reflect how far a location is from Mombasa port where imported consignments land and are stored.
Mombasa consumers, therefore, enjoy the lowest retail prices at 97.63 shillings per litre for petrol and 87.04 shillings for diesel. Petrol is most expensive in the northeastern town of Mandera at 114.86 shillings a litre while diesel costs 104.24 shillings.
Here is a summary of new Petrol, Diesel and Kerosene in the major towns across the country: