The Energy and Petroleum Regulatory Authority (EPRA) has retained fuel prices for another month (15th August to 14th September), despite an increase in the landed costs.
EPRA announced that the price of Super Petrol, Diesel and Kerosene will remain unchanged at KSh159.12, KSh140.00 and KSh127.94 per litre, respectively, in Nairobi.
The Government says it will utilise the Petroleum Development Levy (PDL) to cushion consumers from the otherwise high prices.
A litre of Super Petrol has been subsidised by KSh54.91, Diesel by KSh66.17, and Kerosene by KSh74.
Te average landed cost for imported Super Petrol increased by 2.99% from $1,042.85 per cubic metre in June 2022 to $1,074.01 per cubic metre in July 2022; Diesel increased by 8.22% from $1,019.29 per cubic metre to $1,103.03 per cubic metre, while Kerosene increase by 14.90% from $967.42 per cubic metre to $1,111.53 per cubic metre.