The Energy and Petroleum Regulatory Authority has defended a decision of hiking Fuel prices in Kenya by Ksh 9.90.
- READ ALSO: New Fuel Prices in Nairobi -EPRA Pricelist.
EPRA Director General Daniel Kiptoo Bargoria confirmed the rise while speaking to the nation Thursday, April 14, 2022. Thereafter, he mentioned that the prices could have been even higher had the government not intervened.
Latest Fuel prices in Kenya
Higher pricing of fuel has met mixed reactions even as Kenyans continue to scramble with a steadily rising cost of living.
According to the EPRA boss, the updated prices are effective between April 15 and May 14, 2022.
- READ ALSO: Lower Food Prices Protest on Twitter.
In his speech, Kiptoo mentioned that the new prices would have been Ksh. 173.70 for petrol, Ksh. 165.74 for diesel, and Ksh. 139.89 for petroleum had the government of Kenya not subsidized.
Below is a breakdown of new retail prices of fuel in major towns across the country.
Mombasa fuel prices
- Petrol – Ksh. 142.36
- Diesel – Ksh. 123.26
- Kerosene – Ksh. 111.19
Gas prices in Kisumu
- Petrol – Ksh. 145.02
- Diesel – Ksh. 126.20
- Kerosene – Ksh. 114.16
Nakuru fuel prices
- Petrol – Ksh. 144.14
- Diesel – Ksh. 125.33
- Kerosene – Ksh. 113.29
Fuel prices in Eldoret
- Petrol – Ksh. 145.03
- Diesel – Ksh. 126.22
- Kerosene – Ksh. 114.17
New gas prices in Kisii
- Petrol – Ksh. 145.90
- Diesel – Ksh. 127.08
- Kerosene – Ksh. 115.05
Like most major towns, there are significant deviations in petrol prices in Kisii, Kenya.
In summary, the cost of petrol and diesel rose by 24.7 per cent each between February and March.
“The Government will utilise the petroleum levy to cushion customers from the unusually otherwise high prices,”EPRA DG Kiptoo.
In conclusion, Kiptoo said 10 oil marketing companies are answering various charges relating to economic sabotage in the ongoing fuel crisis.
The latest fuel prices in Kenya will likely affect all sectors of the economy with the transport sector.