The Energy and Petroleum Regulatory Authority(EPRA) has decided not to increase the prices of petroleum products as had been widely anticipated.
In a statement yesterday, EPRA said that it has calculated the maximum wholesale and retail prices of petroleum products, which will be in force from April 15,2021 to May 14,2021.
“In the period under review, the prices for super petrol, Diesel and Kerosene remain unchanged from the March 2021 prices,” said the authority.
According to EPRA, the average landed cost of imported super petrol increased by 9.27 per cent from US$449.82 per cubic metre in February to US$491.50 per cubic metre in March.
During the same period, the price of diesel rose by 4.77 per cent from US$ 423.95 per cubic metre to US$444.17 per cubic metre, while kerosene increased by 7.29 per cent from US$393.23 per cubic metre to US$ 421.90 per cubic metre.
“Over the same period, the mean monthly US Dollar to Kenya Shillings exchange rate appreciated by 0.04 per cent from Sh109.67 per dollar in February 2021 to Sh109.63 per dollar in March 2021,” read the statement.
Fuel prices in Nairobi will still be Sh122,81 for super petrol, Sh107.66 for diesel and Sh97.85 for kerosene per litre for the next one month.
Last month the prices of super petrol, diesel, and kerosene increased by Sh7.63, Sh5.75, and Sh5.41 per litre respectively causing outrage from Kenyans already dealing with food prices.
