Latest EPRA fuel prices Review; EPRA Reduces Fuel Prices

In EPRA fuel prices statement on Thursday, March 14, 2024, EPRA announced the price reduction of Super Petrol, Diesel, and Kerosene.

In the period under EPRA fuel prices review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene decreased by Ksh7.21, Ksh5.09, and Ksh4.49 per liter respectively.

“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020, and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.

“The average landed cost of imported Super Petrol increased by 5.60% from US$666.16 per cubic meter in January 2024 to US$703.49 per cubic meter in February 2024; Diesel decreased by 0.76% from US$728.23 per cubic meter to US$722,49 per cubic meter while Kerosene increased by 1.65% from US$718.51 per cubic meter to US$730.35per cubic meter,” EPRA said in a statement.

EPRA fuel prices are lowest in Mombasa where the products first land when imported into the country.

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In the Coastal City, Super Petrol, Diesel, and Kerosene will now retail at Ksh195,97, Ksh187.21, and Ksh185.58 respectively effective midnight for the next 30 days.

In Nairobi, Super Petrol, Diesel, and Kerosene will now retail at Ksh199.15, Ksh190.38, and Ksh188.74 respectively.

In Nakuru, Super Petrol, Diesel, and Kerosene will now retail at Ksh198.21, Ksh189.82, and Ksh188.21 respectively.

In Eldoret, Super Petrol, Diesel, and Kerosene will now retail at Ksh198.98, Ksh190.59, and Ksh188.98 respectively.

In Kisumu, Super Petrol, Diesel, and Kerosene will now retail at Ksh198.97, Ksh190.59, and Ksh188.96 respectively.

Fuel prices are highest in far-flung areas of the country like Lokitaung, Turkana County where Super Petrol, Diesel, and Kerosene will now retail at Lokitaung Ksh207.37, Ksh199.00, and Ksh197.37 respectively.

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