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Thursday, 28th May, 2020
 Kenya   ::   News
Prices of Petrol, Diesel, Kerosene inflate in Kenya
May 15, 2019
Source: Oyedokun Ibukun S.

It became traumatic to Kenyans as the Energy Regulatory Commission (EGC) declared new fuel pump prices on Tuesday.

In its updated price review, ERC said the cost of a litre of super petrol, diesel and kerosene will inflate by Sh5.43, Sh2.24 and Sh2.40 respectively.

The new fuel prices were been implemented on Tuesday midnight, which will be maintained until June 15, 2019.

The average landed cost of imported Super Petrol increasing by 11.39% from US$ 620.54 per ton in March 2019 to US$ 691.25 per ton in April 2019 aided the changes in this month’s prices, according to ERC.

 “The average landed cost of imported Diesel increased by 2.75% from US$ 624.51 per ton to US$ 641.67 per ton and Kerosene increased by 2.00% from US$ 662.55 per ton to US$ 675.82 per ton,” ERC affirmed.

In April, the energy regulator had inflated the price of petrol, diesel and kerosene in Nairobi by Sh5.25, Sh5.52 and Sh2.76 per litre respectively.

In March, the price of petrol, diesel and kerosene per litre mounted by Sh1.26, Sh0.65 and Sh2.96 respectively.

The pump prices are inclusive of 8 per cent VAT related to the provisions of the Finance Act, 2018.

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