Fuel prices remain unchanged in latest review by EPRA
In Nairobi, a litre of petrol will continue to retail at Sh176.56 while diesel will retail at Sh167.06 as kerosene will be retailing at Sh151.39 per litre.
Fuel prices will remain unchanged for the next month according to the latest review by the Energy Petroleum Regulatory Authority (EPRA).
In Nairobi, a litre of petrol will continue to retail at Ksh 176.56 while diesel will retail at Ksh 167.06 as kerosene will be retailing at Ksh 151.39 per litre.
“Under Section 101(y) of the Petroleum Act 2019 and Legal Notice No. 192 of 2022, the Energy and Petroleum Regulatory Authority (EPRA) has calculated the maximum retail prices of petroleum products which will be in force from February 15, 2025, to March 14, 2025,” EPRA said in a statement.
In Mombasa, a litre of petrol in the next month will cost Ksh 173.34, diesel Ksh 163.82, and kerosene Ksh 148.15.
In Kisumu, a litre of petrol continues to retail at Ksh 176.62, diesel Ksh 167.44, and kerosene Ksh 151.82.
In Nakuru, the price of a litre of petrol remains at Ksh 176.62, diesel Ksh 161.83, and kerosene Ksh 145.79.
In Eldoret, a litre of petrol will continue to cost Ksh 176.62, diesel Ksh 167.45, and kerosene Ksh 151.82.
EPRA Director-General Daniel Kiptoo stated that the prices include 16 per cent Value-Added Tax (VAT) and revised rates of excise duty.
“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2024, and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” Kiptoo said.
Kiptoo had, however, earlier warned of an increase in fuel prices due to a surge in global crude oil prices in January.
“We did have a bit of a spike in international prices sometime in early January, and it’s because of certain geopolitical factors. Some sanctions were put on Russian products by the outgoing US administration, but those sanctions have not been lifted,” Kiptoo stated in an interview last month.
In January, global oil prices experienced a notable surge.
Brent crude futures climbed to a four-month high of $81 per barrel (about Sh10,465 in the current exchange rates) by mid-month, marking an increase of approximately $8 (about Ksh1,033 in the current exchange rates) from the previous month.
