The Energy and Petroleum Regulatory Authority (EPRA) has reviewed fuel prices increasing a liter of super petrol by Kes 5.72, diesel by Kes 4.48, and kerosene by Kes 2.45.
This means that Nairobi residents will now pay Kes 217.36 for petrol, Kes 205.47 for diesel, and Kes 204.46 for kerosene.
Announcing on its X page, the regulator has attributed the higher prices to an increase in the average landed cost of imported super that went up by 3.93 percent to $805.14 in September from the previous month.
Further, diesel rose by 7.07 percent to $845.72 per cubic meter, while kerosene increased by 5.01 percent to $868.70 per cubic meter during the same period.
“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 increases by Kes 5.72 per litre, Diesel increases by Kes 4.48 per litre and Kerosene increases by Kes .2.45 per litre,” EPRA said.
“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.”
Fuel prices increased tremendously last month after the government introduced an additional eight percent value-added tax (VAT) on fossil fuels to 16 percent.
