New Fuel Prices in Kenya Tomorrow!

New Fuel Prices in Kenya Tomorrow - List of Maximum Pump Prices in Kenya for the Period 15th September – 14th October 2021.

ERC Fuel Prices - September 2021 and October 2021


Kenya Fuel Prices to Remain Unchanged Again in the Latest Review

Fuel prices in the country will remain unchanged for the next month, according to the latest review from Energy and Petroleum Regulatory Authority.

The authority said on Saturday in its communication that petrol will retail at Sh127.14 per litre in Nairobi, diesel will retail at Sh107.66, and kerosene will cost Sh97.85 per litre.

The prices are inclusive of 8 per cent VAT in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020, and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.

The reviewed prices will take effect on August 15, 2021, at midnight.

EPRA said that the Free On Board (FOB) price of Murban crude oil lifted in July this year was posted at 66.70 US Dollars per barrel, an increase of 5.29 per cent that was registered in June.

Over the same period, the mean monthly US Dollar to Kenyan shilling exchange rate depreciated by 0.4 per cent from Sh107.82 per US Dollar in June to Sh108.26 per US Dollar in July.

The authority said that the purpose of the Petroleum Pricing Regulations is to cap the retail prices of petroleum products that are already in the country so that the importation and other prudently incurred costs are recovered while ensuring reasonable prices to consumers.

“EPRA wishes to assure the public of its continued commitment to the observance of fair competition and protection of the interests of both consumers and investors in the energy and petroleum sectors,” the authority said.



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