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Motorists to Dig Deeper as New Fuel Prices Shoot
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|Motorists to Dig Deeper as New Fuel Prices Shoot by Kenyans247(1): Fri 15, January, 2021 09:26am|
The Energy and Petroleum Regulatory Authority (EPRA) on Thursday, January 14, announced new fuel prices.
The new fuel prices will be in force from Friday, January 15, to Sunday, February 14, meaning that motorists will now dig deeper into their pockets to buy fuel.
In a press release, EPRA revealed that the prices of Super Petrol, Diesel and Kerosene will increase significantly. "Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows :
"Super Petrol, Diesel and Kerosene increase by Ksh 0.17 per litre, Ksh 4.57 per litre and Ksh 3.56 per litre respectively," read part of the press release.
The new fuel prices in Nairobi are as follows: Super Petrol Ksh106.99, Diesel Ksh96.40, Kerosene Ksh87.12.
The previous fuel prices retailed at Ksh106.82 for Super Petrol, Ksh91.82 for Diesel and Ksh83.56 for Kerosene in Nairobi.
In Mombasa, Super Petrol will retail at Ksh104.60, Ksh94.01 for Diesel and Ksh84.75 for Kerosene.
Nakuru's new fuel prices will be Ksh106.69 for Super Petrol, Diesel will retail at Ksh96.31 while Kerosene will go for Ksh87.08.
In Eldoret, the new fuel prices that will take effect as from midnight will see Super Petrol go for Ksh107.62, Diesel for Ksh97.23 and Kerosene for Ksh88.00.
EPRA revealed that the changes in January's prices are as a consequence of the average landed cost of imported Super Petrol increasing by 1.51 % from the US $ 318.71 per cubic metre in November 2020 to the US $ 323.52 per cubic metre in December 2020.
For the sharp increase in Diesel EPRA explained that it was occasioned by the increase of 13.05 % from the US $ 293.88 per cubic metre to the US $ 332.22 per cubic metre and Kerosene increasing by 9.27 % from the US $ 277.27 per cubic metre to the US $ 302.97 per cubic metre.
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