Motorists to Pay More for Petrol as Kerosene & Diesel Price Lowers

By Valerian Khakayi

Kenyan motorists will pay 3.39 shillings more on super petrol for the next one month until August 14.

According to the latest review by the Energy and Regulatory Commission, Kerosene and Diesel price decreased by 1.48 shillings and 0.35 shillings respectively.

The price of petrol in Nairobi will now cost Kenya Shillings 112.20, Kerosene 85.73 shillings while Diesel will go at 103.25 shillings.

In Mombasa, a litre of petrol will retail at 108.90 shillings, Diesel 99.96 shillings while Kerosene will be 82.94 shillings.

Diesel decreased by 1.11 percent to 68,737 shillings from 69,506 shillings in May while Kerosene decreased by 1.91 percent from 75,142 shillings to 73,704 shillings within the review period.

“Over the same period, the mean monthly US dollar to Kenya shilling exchange rate depreciated by 0.14 percent from 100.87 shillings in May 2018 to 101.01 shillings in June 2018,” said ERC Managing Director Pavel Oimeke.

Oimeke added that the actual pipeline loss factor was calculated at 0.10 percent, less than the standard factor of 0.25 percent adding that the new rates changes in the average landed cost of imported fuels.