The Energy Petroleum Regulatory Authority (EPRA) has announced a continued reduction in the prices of Super Petrol, Diesel, and Kerosene, citing lower landed costs of imported fuel products as a key factor.,CAPITAL FM
EPRA underscored its commitment to monitoring market trends and ensuring that price adjustments reflect real-time cost fluctuations.
The new pricing will see Nairobi residents pay Sh176.29 for a litre of petrol, Sh165.06 for diesel, and Sh148.39 for kerosene.
In Mombasa, corresponding prices are slightly lower, at Sh173.05, Sh161.82, and Sh145.15 respectively.
The revised prices which will remain in force until January 14 include a 16 per cent Value Added Tax (VAT) in accordance with the Finance Act 2023, the Tax Laws (Amendment) Act 2020, and adjusted excise duties per inflation guidelines