Petrol prices will remain unchanged until December 14 after the latest monthly review of fuel prices in the country by the Energy and Petroleum Regulatory Authority (EPRA).
However, the prices of a litre of diesel and kerosene have dropped by Ksh2 in the November 15-December 14 review cycle by the energy sector regulator.
“In order to cushion consumers from the spike in pump prices as a consequence of the increased landed costs, the government has opted to stabilize pump prices for the November-December 2023 pricing cycle,” said EPRA in a statement.
“The National Treasury has identified resources within the current resources within the current resource envelope to compensate Oil Marketing Companies,” added the energy regulator.
As a result, a litre of super petrol, diesel and kerosene in Nairobi will retail at Ksh217.36, Ksh203.47 and Ksh203.06 respectively during the review cycle.
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Without the government’s stabilization, the actual calculated price for the commodities was to cost the consumers Ksh229.37, Ksh223.29 and Ksh206.70 per litre of petrol, diesel and kerosene respectively.
“EPRA wishes to assure the public of its continued commitment to the observance of fair competition and protection of the interests of both consumers and investors in the energy and petroleum sectors,” added EPRA.
A litre of super petrol will go for Ksh214.30, diesel Ksh200.41 and kerosene will go for Ksh199.99 in Mombasa. This is approximately Ksh3 less than what the commodity costs in the capital city of the country.
In Kisumu, a litre of petrol, diesel and kerosene will go for Ksh217.12, Ksh203.64 and Ksh203.22 respectively.
Residents of Mandera will pay Ksh231.36 for a litre of petrol, Ksh217.47 for a litre of diesel and Ksh217.06 for a litre of kerosene.