Consumers will continue paying for fuel at current prices after the government tapped the Fuel Stabilization Fund to maintain prices.
This is after the landed cost of imported super petrol diesel and kerosene increased by 2.8 percent, 4.2 percent and 4.89 percent, respectively, which would have meant higher pump prices.
The Energy and Petroleum Regulatory Authority (EPRA) tapped the Fuel Stabilization Fund to cover Ksh 2.41 per litre for super petrol, Ksh 5.59 for a litre of diesel, and Ksh 8.74 for a litre of kerosene, which ensured that there were no pump price increases.
This now means a litre of super petrol in Nairobi will continue to attract a maximum pump price of Ksh 176.58, diesel Ksh 167.06 and kerosene Ksh 151.39
In Mombasa, the price of super petrol will cost Ksh 173.34, diesel Ksh 163.82 and kerosene Ksh 148.15 while in Kisumu a litre of super petrol, diesel and kerosene will cost Ksh 176.62, Ksh 167.44 and Ksh 151.82 respectively.
During the period, the average landed cost of imported super petrol rose by 2.8pc from $611.69 per cubic metre in December last year to $628.80 per cubic metre last month.
Diesel on the other hand registered a 4.2pc increase in the average landed cost per cubic metre from $649.64 in December to $681.44 in January as that of kerosene increased by 4.89pc to $681,44.
The prices which are effective midnight will run until March 14th 2025.
