Fuel prices to remain unchanged again, EPRA announces

By , K24 Digital
On Sat, 15 Jan, 2022 09:48 | < 1 min read
The price of fuel has gone down in new reviews announced Thursday by the Energy and Petroleum Regulatory Authority (EPRA). [PHOTO | FILE]
PHOTO | FILE

The Energy and Petroleum Regulatory Authority (EPRA) has released fuel prices for the period running between January 15 and February 14, 2022.

In a statement, the regulatory body said the cost of fuel will remain unchanged for the third consecutive month.

“In accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No.196 of 2010 and Legal Notice No. 26 of 2012, EPRA has calculated the maximum retail prices of petroleum products which will be in force from 15th January 2022 to 14th February 2022,” EPRA said on Friday, January 14.

EPRA further stated that the prices are inclusive of the 8% Value Added Tax (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.

Notably, in Nairobi, petrol will retail at Ksh129.72 per litre while diesel will be sold at Ksh110.60.

The cost of kerosene will also remain unchanged retailing at Ksh103.54.

In Mombasa, the cost of fuel will be maintained at Ksh127.46 for petrol, Ksh108.36 for diesel and Ksh101.29 for kerosene.

Fuel prices in Kisumu will trade at Ksh130.12, Ksh111.30 and Ksh104.26 for petrol, diesel and kerosene respectively.