EPRA announces new fuel prices in latest review

Fuel prices will remain unchanged for the month of August, despite a slight increase in landing cost of crude oil, the Energy &Petroleum Regulatory Authority(EPRA) announced in it's latest review.

In a statement, the regulatory body said the prices of super petrol, diesel and kerosene will remain unchanged until September 14 when the next review will be undertaken.

In Nairobi, super petrol will continue to retail at Sh159.12, diesel at Sh140.00 and kerosene at Sh127.94 per litre respectively.

EPRA noted that the government would continue to utilise the Petroleum Development Levy (PDL) to cushion consumers from otherwise high prices.

“The average landed cost of imported super petrol increased by 2.99 per cent from $1042.85 per cubic metre in June 2022 to $1074.01 per cubic metre in July 2022; Diesel increased by 8.22 per cent from $1019.29 per cubic metre to $1103.03 per cubic metre while kerosene increased by 14.90 per cent from $967.42 per cubic metre to $1111.53 per cubic metre,” said EPRA in a statement.