The Energy and Petroleum Regulatory Authority (EPRA) has announced the fuel pump prices for the period between August 15, 2021, and September 14, 2021.
Kenyans still have some relief as the prices of Super Petrol, Diesel and Kerosene remain unchanged in the period under review by EPRA.
The prices are inclusive of the 8 per cent 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.
This happens even with an increase in the average landing cost of imported petroleum products.
The average landed cost of imported Super Petrol increased by 2.99 per cent from US$1,042.85 per cubic metre in June 2022 to US$1,074.01 per cubic metre in July 2022; Diesel increased by 8.22 per cent from US$1,019.29 per cubic metre to US$1,103.03 per cubic metre while Kerosene increased by 14.90 per cent from US$967.42 per cubic metre to US$1,111.53 per cubic metre.
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The Free On board (FOB) price of Murban crude oil lifted in July 2022 was posted at US$ 109.68 per barrel an increase of 4.98 per cent from US$ 104.48 per barrel in June 2022.
Over the same period, the mean monthly US Dollar to Kenya Shilling exchange rate depreciated by 1.17 per cent from Sh118.53 per US$ in June 2022 to Sh119.92 per US$ in July 2022.
According to EPRA’s announcement made on Sunday the price of Super Petrol remains Sh159.12 per litre, Diesel Sh140.00 per litre and Kerosene Sh127.94 per litre for residents in Nairobi.
Mombasa residents will still buy Super Petrol at Sh156.86 per litre, Diesel will retail at Sh137.76 while Kerosene will retail at Sh125.69
Fuel pump prices for Super Petrol will remain at Sh159.53, Diesel will stand at Sh140.70 and Kerosene will also remain Sh128.66 in Kisumu.
The following is the full list of the reviewed fuel prices across Kenya: