Following the most recent evaluation, Super Petrol will continue to cost Ksh226.96 per litre in Nairobi, while diesel will cost Ksh227.76 and kerosene at Ksh219.87.
“The prices are inclusive of Value Added Tax (VAT) at 8 per cent, in line with Government policy to cushion consumers from the negative effects of high international prices,” EPRA stated.
In a declaration on Saturday, November 14, EPRA Director General Edward Kinyua revealed that the federal government had actually invested Ksh4.6 billion from the Petroleum Development Levy Fund to stabilise fuel costs.
Vehicle drivers at a gas station in Kinoo along Waiyaki Way on January 7, 2023.
Kenyans.co.ke
“The government has applied Ksh4.6 billion from the Petroleum Development Levy Fund to stabilise the computed petroleum pump prices for the November-December 2026 cycle,” EPRA specified.
The Authority discussed that the intervention avoided a possible boost of Ksh8.58 per litre for Super Petrol, Ksh10.54 for Diesel and Ksh1.16 for Kerosene.
According to EPRA, the typical landed expense of imported Super Petrol increased by 6.11 percent from Ksh127,248 ($977.55) per cubic metre in September to Ksh135,025 ($1,037.30) in October.
Diesel taped a 6.73 percent boost, with its landed expense increasing from Ksh138,681 ($1,065.38) to Ksh148,015 ($1,137.09) per cubic metre over the very same duration.
The landed expense of imported Kerosene increased by 0.71 per cent from Ksh142,967 ($1,098.31) to Ksh143,982 ($1,106.11) per cubic metre.
The regulator likewise discussed that Kenya imports all its petroleum requirements in refined kind, making regional pump costs depending on worldwide market value and the dominating foreign exchange rate.
Petroleum items are sold United States dollars before the expenses are transformed into Kenyan shillings for the calculation of regional pump costs, with the currency exchange rate standing at Ksh130.17 for each United States dollar in October 2026, compared to Ksh129.91 in September.
The choice to preserve fuel rates is anticipated to supply relief to civil service car operators, makers and other Kenyans who had actually expected a possible fuel cost boost.
The brand-new costs work from midnight on November 15 and will stay in force up until December 14, when EPRA performs its next month-to-month fuel cost evaluation.
EPRA DG Edward Mwirigi Kinyua throughout a previous engagement at his workplace and an inset of somebody fueling at a fuel station.
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Kenyans.co.ke
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