Fuel prices have dropped in the latest monthly review by the Energy and Petroleum Regulatory Authority (EPRA).
In a statement, EPRA attributed the drop in price due to reduced global oil prices and favorable exchange rates noting that the maximum allowed petroleum pump prices for Super Petrol, Diesel and Kerosene decreases by Ksh1.95 per litre, Ksh2.20 per litre and Ksh.2.40 per litre respectively.
“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products, which will be in force from 15thApril 2025 to 14th May 2025.” EPRA stated.
Adding that: “In the period under review, the maximum allowed petroleum pump prices for Super Petrol, Diesel and Kerosene decreases by Kshs.1.95/litre, Kshs.2.20/litre and Kshs.2.40/litre respectively.”
The prices are inclusive of the 16 percent Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2024 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.
According to the review a liter of Super Petrol will retail at Ksh174.63, Diesel at Ksh164.86 and Kerosene at Ksh148.99 in Nairobi effective midnight for the next 30 days.
