Fuel prices for super petrol are set to increase after the latest fuel review by the Energy and Petroleum Regulatory Authority (EPRA).
On the other hand, prices for diesel and kerosene are set to decrease.
In the review released on Saturday, June 14, EPRA revealed that petrol had increased by Ksh2.69 per litre, while diesel and kerosene had decreased by Ksh1.95 and Ksh2.06 per litre, respectively. Consequently, super petrol would retail at Ksh177.32, diesel at Ksh162.91 and kerosene retailing at Ksh146.93 per litre in Nairobi. EPRA noted that the calculated maximum retail prices of petroleum products will be in force from Saturday, June 15, to Monday, July 14. ''In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products which will be in force from June 15 to July 14,'' the statement read in part. "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," it added.
More to Follow...