EPRA has Announced New Fuel Prices with a Significant Drop

📷Courtesy

Energy and Petroleum Regulatory Authority (EPRA) on 14th October 2024 has announced a significant decrease in fuel prices. According to a press release statement issued by EPRA, it has announced the following prices in Nairobi. Petroleum by Sh.8.18/litre, Sh.3.54/litre and Sh.6.93/litre respectively.

The new prices will be effective by start of 15th October till 14th November 2024. In Nairobi, Super petrol will be sold at Sh.180.66, Diesel Sh.168.06 and Kerosene Sh.151.39.

In Mombasa, Super petrol will be sold at Sh.177.42, Diesel Sh.164.82 and Kerosene at Sh.148.45 per litre respectively.

In Kisumu prices will be Sh.180.68 Petrol, Sh.168.44 Diesel and Sh.151.82 of Kerosene per litre respectively.

''The average landed cost of Super Petrol decreased by 8.59% from US$697.62 per cubic metre in August 2024 to US$637.70 per cubic metre in September 2024; diesel decreased by 5.52% from US$673.36 per cubic metre to US$636.22 per cubic metre.'' The statement noted.

EPRA Director-General Daniel Bargoria said the prices are inclusive of 16% Value Added Tax (VAT).

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