Skip to content
Market News

Petrol, Diesel And Kerosene Prices Retained

BY Soko Directory Team · August 15, 2022 08:08 am

KEY POINTS

In Nairobi, super petrol will continue to retail at 159.12 shillings, diesel at 140.00 shillings, and kerosene at 127.94 shillings per liter respectively.

The Energy and Petroleum Regulatory Authority (EPRA) announced that the prices of super petrol, diesel, and kerosene will remain unchanged until September 14 when the next review is due. This comes as a sigh of relief to millions of Kenyans.

In Nairobi, super petrol will continue to retail at 159.12 shillings, diesel at 140.00 shillings, and kerosene at 127.94 shillings per liter respectively. The decision comes at a time millions of Kenyans are planning to travel from upcountry where they had gone to vote.

Here is a statement from EPRA:

Fuel Prices

EPRA stated that the government would utilize the Petroleum Development Levy (PDL) to cushion consumers from otherwise high prices.

“The average landed cost of imported super petrol increased by 2.99 percent from $1042.85 per cubic meter in June 2022 to $1074.01 per cubic meter in July 2022; Diesel increased by 8.22 percent from $1019.29 per cubic meter to $1103.03 per cubic meter while kerosene increased by 14.90 percent from $967.42 per cubic meter to $1111.53 per cubic meter,” said EPRA in a statement.

Here is the price of fuel in various towns and cities across Kenya:

Fuel

Fuel

Fuel

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.

Related Content: Airlines Increases Fares Over High Cost of Jet Fuel

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

Trending Stories
Related Articles
Explore Soko Directory
Soko Directory Archives