Consumers will continue paying same prices for fuel at the pump after the regulator kept prices unchanged for the third consecutive month.
In the latest review, the Energy and Petroleum Regulatory Authority (EPRA) tapped the fuel stabilization fund to hold prices of super petrol which has been subsidized by Ksh 2.20 per litre while diesel and kerosene have been subsidized by Ksh 0.28 and Ksh 2.73 respectively.
This means beginning midnight, motorists in Nairobi will continue to pay a maximum of Ksh 174.63 for a litre of super petrol, Ksh 164.86 for a litre of diesel and Ksh 148.99 for a litre of kerosene.
“EPRA wishes to assure the public of its continued commitment to the observance of fair competition and protection of both the interests of consumers and investors in the energy and petroleum sectors,” said Daniel Kiptoo, EPRA Director General.
During the month prices of imported fuels also registered a decline.
Average landed cost of super petrol decreased by 2.96pc to $588.16 per cubic metre in April while diesel went down by 6.62pc to $594.60 per cubic metre as that of kerosene declined 4.52pc to $599.84 per cubic metre.
