A pump attendant pumps fuel into a car at a gas station in Nairobi, on September 19, 2023. (Photo by SIMON MAINA / AFP)

Petrol, Diesel Prices Drop By Ksh.5

Petrol and diesel prices have been reduced by Ksh.5, as announced by the Energy and Petroleum Regulatory Authority (EPRA) on Sunday. According to a statement from EPRA, kerosene prices will also see a reduction of Ksh.4.82 over the next month starting January 15.

As a result of these adjustments, super petrol in Nairobi will now be priced at Ksh.207.36 per litre, while diesel will cost Ksh.196.47. Kerosene will be available at Ksh.194.23 per litre during this period.

In Mombasa, the new prices will be Ksh.204.30 for super petrol, Ksh.193.41 for diesel, and Ksh.191.05 for kerosene per litre.

EPRA attributes this decrease in prices to a 2.40% reduction in the average landed cost of imported super petrol between November and December of the previous year. Diesel also experienced a decrease of 9.06%, and kerosene saw a reduction of 4.33% during the same period.

EPRA’s statement reads, “The average landed cost of imported super petrol decreased by 2.40% from US$694.44 per cubic metre in November 2023 to US$677.78 per cubic metre in December 2023; diesel decreased by 9.06% from US$826.01 per cubic metre to US$751.15 per cubic metre while kerosene decreased by 4.33% from US$759.93 per cubic metre to US$727.00 per cubic metre.”

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