Fuel prices to remain the same

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New fuel prices to be announced on Friday./COURTESY

Fuel pump prices will remain unchanged.

In the new review released by Energy and Petroleum Regulatory Authority fuel prices will remain meaning fuel prices have only dropped by two shillings in three months.

“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022 Energy and Petroleum Regulatory Authority (EPRA) has calculated the maximum retail prices of petroleum products which will be in force from 15th December 2022 to 14th January 2023,” read a statement from EPRA.

Also read: Fuel prices down by a shilling

Super Petrol will still sell at sh.177.30 per litre in Nairobi and sh.174.98 in Mombasa. Diesel pump prices per litre in Nairobi remain at sh.162.00 and 156.76 in Mombasa. Kerosene will continue to sell at sh.145.94 in Nairobi and 143.69 in Mombasa.

“The prices are inclusive of the 8% 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,” read the statement from EPRA.

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